Tuesday, October 5, 2010

Forex and Economy

I’m confused with the way things are when it comes to forex exchange and the effect it has on the country. I was made to believe in the past years that it’s good for a country like us to have an exchange rate equivalent to lesser peso because it means that our currency is getting stronger but I just can’t relate these changes to what’s happening in the prices of basic commodities. When dollars goes down the prices in peso should lower down but as I see it it’s not affecting the usual and normal groceries that we buy on supermarket. I only see the difference when I buy gadgets online. I was thinking if an advanced Forex training would help me understand the effect of forex on our economy. I know it should be a balance of things when it comes to economy, basic commodity price setups and some other things. I should learn some basic data about forex.


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Work-At-Home Mom who quit years of corporate life to take care three kids full time. Fond of cooking, reading books and determined to master housekeeping. Created this blog to share about career, job, human resource, hobbies, sports and travel

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