Previously based on the approval of Bretton
Woods in 1944, the international monetar system (SMI) at
fixed exchange rate system (fixed Exchange Rate). In this case USD Convertible
or can be exchanged and fully guaranteed with gold, the equivalent of USD35 provisions 1 troy once of gold.
Nixon Presidential Decree dated August 15, 1971 states that the value
USD exchange rate is no longer associated with Gold. This system is called the
floating exchange rate system (floating rate system) With the enactment
This system of movement of the country's currency is determined by the mechanism
supply and demand in the market.
Oil and gold prices world if associated with currency movements
is as follows.
U.S. is known as a country that needs oil consumption
large enough world, so the U.S. dollar is often called the Petro
Dollar. Rising world oil prices will indirectly affect
also on the rise harga2 production and consumption rates in the U.S. barang2.
This barang2 price hikes could trigger inflation which
makes further U.S. dollar exchange rate in the market tend to be depressed.
Therefore, market participants always kept the price movement mementau
world oil and U.S. oil inventories. Because small changes in both
trsebut things can affect significantly the indigo trade USD.
Gold prices tend to be inversely proportional to the price of oil, if the price
gold up the oil price will fall. Gold is one of
The most commodities are traded in the world, other than that the value
gold exchange relatively similar in different countries. Therefore many
vietnam pengungsi2 fleeing to the United States took gold in the
refuge, because the relative value of gold is fixed, try if the
that refugees bring to their country of currency in the U.S.,
they will not be ... because napa2in vietnam currency is not sold in the U.S..
Woods in 1944, the international monetar system (SMI) at
fixed exchange rate system (fixed Exchange Rate). In this case USD Convertible
or can be exchanged and fully guaranteed with gold, the equivalent of USD35 provisions 1 troy once of gold.
Nixon Presidential Decree dated August 15, 1971 states that the value
USD exchange rate is no longer associated with Gold. This system is called the
floating exchange rate system (floating rate system) With the enactment
This system of movement of the country's currency is determined by the mechanism
supply and demand in the market.
Oil and gold prices world if associated with currency movements
is as follows.
U.S. is known as a country that needs oil consumption
large enough world, so the U.S. dollar is often called the Petro
Dollar. Rising world oil prices will indirectly affect
also on the rise harga2 production and consumption rates in the U.S. barang2.
This barang2 price hikes could trigger inflation which
makes further U.S. dollar exchange rate in the market tend to be depressed.
Therefore, market participants always kept the price movement mementau
world oil and U.S. oil inventories. Because small changes in both
trsebut things can affect significantly the indigo trade USD.
Gold prices tend to be inversely proportional to the price of oil, if the price
gold up the oil price will fall. Gold is one of
The most commodities are traded in the world, other than that the value
gold exchange relatively similar in different countries. Therefore many
vietnam pengungsi2 fleeing to the United States took gold in the
refuge, because the relative value of gold is fixed, try if the
that refugees bring to their country of currency in the U.S.,
they will not be ... because napa2in vietnam currency is not sold in the U.S..
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