Sing dollar
Posted on Thursday, July 17th, 2008 | In Current Market News
Contributed by: Roger Nusbaum (http://randomroger.blogspot.com) -
Rydex To Launch ETFs Tracking 4 Currencies – Yahoo! News
The four included above are the Singapore dollar, Russian ruble, HK dollar and the South African rand.
Of most interest to me is the Sing dollar. If they ever create a euro in Asia it would mostly likely be based on the Sing dollar.
If, as mentioned in the last post the US’ AAA credit rating is cut, that would make holding a little foreign currency more important than it is now (and I think it is already important).
Last 5 posts by Roger Nusbaum
- The Big Picture for the Week of November 15, 2009 - November 14th, 2009
- Process Drilldown - October 23rd, 2009
- Sunday Morning Coffee 10-18-09 - October 18th, 2009
- A Little Followup From This Morning - October 8th, 2009
- Wednesday Roundup - October 7th, 2009
 About Roger Nusbaum (http://randomroger.blogspot.com)
Roger Nusbaum is a portfolio manager with Your Source Financial of Phoenix, and the author of Random Roger's Big Picture Blog, which has been profiled in several top business publications, including Barron's and Forbes. Nusbaum has also been a financial consultant with Morgan Stanley, an investment counselor with Fisher Investments and an institutional equities and options trader with Charles Schwab. He holds a bachelor's degree in economics from San Diego State University |
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