Tag: Devaluation
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: An Evaluation of the Devaluation by: Sam Vaknin, Ph.D. A Minister of Finance is morally right to lie about a forthcoming devaluation and a woman has the right to lie about her age. This is the common wisdom. Rumours
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: Hedging Foreign Exchange Risks by: Sam Vaknin, Ph.D. The exchange rate of the Macedonian Denar against the major hard currencies of the world has remained stable in the last few years. Because of the IMF restrictions,
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