Discussion of Forex Trading and Currency Trading

Is the currency in Bulgaria still leva or now euro - 2009?

June 27th, 2009 stanley

I am going at the end of June to Sunny Beach and am unsure what currency to take. Please help! Thanks

from where can i download a currency converter for my mobile for free?

June 27th, 2009 stanley

is there any site from where i can download a currency converter for my mobile which will include Hungary's forint to euro..??i have an sony ericsson G502..

Regarding currency conversion…?

June 26th, 2009 stanley

I don't need to know of a currency conversion calculator, there are plenty of those out there, two popular ones being http://www.xe.com and http://www.x-rates.com
My question is… how do you find out what X amount of foreign currency would buy you without actually going to the country?
For example, 50 USD (US Dollars) converts to roughly 388 HKD (Hong Kong Dollars). But how do I know what 388 HKD would buy me in Hong Kong?
Prices for goods and services are different all around the world. I know that what $5.00 would buy you in the US certainly isn't the same as what $5.00 (15,400 SLL) would buy you in Sierra Leone. So again, how do you find out WHAT it would buy you without actually going there?

what is rare currency?

June 26th, 2009 stanley

I want to collect coins and currency to have for when i am old. What are some currency such as the dollar bill that's not made now not necessarily old but like a kind of dollar bill they made for a few years and quit like the new pennies or nickles

Kindly list out the genuine sites for forex, let it be your personal experience?

June 26th, 2009 stanley

In the aspects genuine payouts by the website.

Does anyone has an experience in comparing FAP Turbo to Forex MegaDroid?

June 26th, 2009 stanley

Does anyone has an experience in comparing FAP Turbo to Forex MegaDroid? Or a reason to believe that those automated Forex Trading Tools are not performing well.
Thank you.

What currency does the Google Finance show?

June 26th, 2009 stanley

If I view a page of some company's stocks, the big number in the upper left corner above the chart shows the current value. Which currency is this value in?
(Example: http://www.google.com/finance?q=yahoo )

Why does Geithner keep asking China to raise their currency's value, why make our problems in the US worse?

June 26th, 2009 stanley

I saw again on the news today that Geithner is going to ask China for flexibility in their currency.

Now, when someone argues, it will allow the US to export more, export what, how exactly is the US competitive anymore anyway?

We don't produce much anymore, we borrow their money to buy their products through the sale of Treasury Bonds.

Here is the article if anyone wants to read it, link is at the bottom:
Geithner to urge forex flexibility in China
Reuters
11 mins ago (on May 28, 2009 in the morning)

WASHINGTON (Reuters) – U.S. Treasury Secretary Timothy Geithner will discuss with top Chinese officials how to boost global economic growth as well as the importance of flexible exchange rates for smoothing imbalances, a senior U.S. Treasury Department official said on Thursday.

Geithner heads for Beijing this weekend and will hold two days of talks next Monday and Tuesday with senior Chinese leaders on a range of issues that may include China's concerns over rising U.S. indebtedness, the official said.

(Reporting by Glenn Somerville, Editing by Chizu Nomiyama)
http://news.yahoo.com/s/nm/20090528/pl_nm/us_usa_china_2
Voice Of Reason: You are completely wrong, the US is the largest debtor in the world, we manufacture only a few percent of our GDP, the other 95%+ is the service sector, Treasury Bond sales, government debt spending, military spending, health care, and consumer debt spending. You should understand, our economy is ALL ABOUT BORROWING AND NOT PRODUCING and not being able to pay back what we borrow without printing new money.
Take notice that the same amount that we manufacture is the same amount we borrow in Treasury Bond sales.
America is a poor country, unfortunately, we are broke (if we couldn't continue to print money), our GDP is all seemingly fake and seems to really represent the wealth we give away every year, and sooner or later, especially when China takes Geithner's advice, we are going to see the entire fake economy fall right before our eyes.
Voice of reason: You are correct that we have increased farming productivity by an amazing amount, fewer people need to farm and we have more food to go around and that is a great thing because it frees up people to do new things.

But that is not the same thing that is happening in manufacturing products. We have lost an extraordinary amount of productivity due to competition from other countries and outsourcing. The productivity has increased but has increased in American companies (really multinational companies with their base in America) that do business outside the US and import the products back into the US. The steel and car industries are perfect examples of this trend.

We now import products we used to make, that's not like farming at all where we have increased productivity and make more of the item with fewer people, we have given away much of our productivity and manufacturing ability, that's not the same as increasing it domestically.

How to change currency into a different denomination?

June 26th, 2009 stanley

Lets say for example, I have money in an American bank (US dollars) and would like to convert that money into British Pounds, what company or third party would allow me to convert the money into that desired currency?

PS: Not trading on the Foreign Exchange market, I would just like to convert the currency into a different denomination.

Thanks

Would a world currency be good or bad?

June 26th, 2009 stanley

Would it be cool if the whole world had the same type of currency or would that cause problems?

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