Monday, December 4, 2006

Asian Countries try to adjust ~~~~~~

Since the U.S dollar is still suffering major slides, the Asian Countries are a little worried. They’re unable to respond to the downfall of the U.S dollar. Subsequently, they are trying to cope with this sliding situation.


The Asian countries are trying to adjust themselves in the given situation; they are showing some positive attitude and seeing new ways to compromise with the U.S dollar. But at the same time however, any increase or decrease in signs of inflation could force the Asian countries to raise their interest rates and the value of their currencies as a result thereof.


Whenever there is any change in the U.S dollar, ultimately there will be change in the Asian markets since many of the Asian companies have their stake in the US market. So let’s hope that a positive change in the U.S dollar will give a positive face to the Asian markets as well.

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