Currency Report - Day 552 - Was The Monetary Market Fixed, Or Not?
Day 552, 06:23
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Published in USA 
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by
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by Enoch Root
The Recent Changes to the Monetary Market
After all the fuss with the fake RSD that flooded the market last week, the MM was shut down, and some changes were added that tracked certain offers. This should alert the Admin fast enough so that they can intervene before any damage is done.
This was a good action to take, and showed some great initiative on the Admin's part, but there's evidence to suggest that the tracking was never expanded to include companies' offers.
What does this mean for the MM? Our transactions may not have been logged properly, or at least not the ones through our companies. Does this mean our MM is still in danger? I'm not sure myself, but the Admin have yet to make a response regarding this, and until then, we may not know how bad the problem still is.
Now that I have spoken the name of the great Admin Gods, I will copy this article into a Google Doc lest this article be smitten from the face of the eWorld.
Today's Movers
The CNY is being forced down by several large offers. The Chinese currency was held stable around 0.009-0.01 a few weeks ago, and it could hold at those levels again, so if enough CNY goes up for these low prices, it could take some time for it to rise back up again.
After thinking about the KWR, and how it's going to be a currency without a country soon, I started thinking about what if this happened to more countries? I hate to say this, but as an investor this is a risk that must be recognized - What if Sweden and Poland succeed in wiping out Germany? What will happen to the DEM? It's already dropped a lot, and I can't believe that the Germans would ever let their country stay taken over, but the DEM could be worthless as a purchasing currency one day in the near future.
The ESP is at risk as well. It's bad enough that it has dropped these 3 points, but now Hungary is attempting to TO Spain to cut us off from their Iron. This could be devastating to several countries, including the eUS. It could cripple economies everywhere. If there is one thing you are going to watch today, let it be about this, because it is vital to economies across the globe.
The IRR has picked up a little, and looks to be on the rebound back up to 0.03.
The KPW is under threat of a TO today, being a new country having it's first election, so watch out for this currency to move very fast today.
There is very little LTL let up for sale, and may get bought up today, and spike.
The MXN moved 4 points up to 0.013. If you happened to get into this a few days ago when it bottomed out, this is a great price to sell at.
The NOK continues to come down from it's spike earlier in the week, slowly but surely.
The SEK looks like it might hit 0.027 today. With all their new territory, it's about time this started to pick up.
There is a large offer of THB going for 0.01, and may be stuck at this price for some time before it can make it's way up to 0.011 again.
Currency / Current Value / Change / %
ARS / 0.01 / + 0.00
ATS / 0.009 / + 0.00
AUD / 0.023 / + 0.00
BAM / 0.025 / + 0.00
BEF / 0.016 / - 0.001 / - 5.88%
BGN / 0.01 / + 0.00
BRL / 0.03 / + 0.00
CAD / 0.034 / + 0.001 / + 3.03%
CHF / 0.015 / + 0.00
CLP / 0.017 / + 0.00
CNY / 0.012 / - 0.002 / - 14.3%
CZK / 0.007 / + 0.00
DEM / 0.015 / + 0.00
DKK / 0.022 / + 0.00
EEK / 0.02 / + 0.00
ESP / 0.037 / + 0.001 / + 2.78%
FIM / 0.021 / + 0.001 / + 5.00%
FRF / 0.019 / + 0.00
GBP / 0.028 / + 0.00
GRD / 0.006 / + 0.00
HRK / 0.019 / + 0.00
HUF / 0.022 / + 0.00
IDR / 0.036 / + 0.00
IEP / 0.012 / + 0.00
INR / 0.011 / + 0.001 / + 10.0%
IRR / 0.028 / + 0.001 / + 3.70%
ITL / 0.026 / + 0.00
JPY / 0.029 / + 0.00
KPW / 0.021 / + 0.001 / + 5.00%
KRW / 0.006 / - 0.001 / - 14.3%
LTL / 0.021 / + 0.00
LVL / 0.007 / - 0.001 / - 12.5%
MDL / 0.012 / + 0.00
MXN / 0.013 / + 0.004 / + 44.4%
MYR / 0.007 / + 0.001 / + 16.7%
NIS / 0.02 / + 0.00
NLG / 0.014 / + 0.00
NOK / 0.015 / - 0.002 / - 11.8%
PHP / 0.02 / + 0.00
PKR / 0.008 / + 0.00
PLN / 0.02 / + 0.00
PTE / 0.008 / + 0.00
RON / 0.017 / + 0.00
RSD / 0.009 / + 0.00
RUB / 0.015 / + 0.00
SEK / 0.026 / + 0.00
SGD / 0.018 / + 0.00
SIT / 0.012 / + 0.00
SKK / 0.01 / + 0.00
THB / 0.01 / - 0.001 / - 9.09%
TRY / 0.01 / + 0.001 / + 11.1%
UAH / 0.012 / + 0.00
USD / 0.02 / + 0.00
VEB / 0.011 / + 0.00
ZAR / 0.011 / - 0.001 / - 8.33%
Money and Women
She's from the Philippines again today
I'd appreciate any feedback. Also, if anyone wants to contribute about currency trends, possible
future value changes, or any other currency investment related info, I would be more than happy
to include you in the paper with full credit.
After all the fuss with the fake RSD that flooded the market last week, the MM was shut down, and some changes were added that tracked certain offers. This should alert the Admin fast enough so that they can intervene before any damage is done.
This was a good action to take, and showed some great initiative on the Admin's part, but there's evidence to suggest that the tracking was never expanded to include companies' offers.
What does this mean for the MM? Our transactions may not have been logged properly, or at least not the ones through our companies. Does this mean our MM is still in danger? I'm not sure myself, but the Admin have yet to make a response regarding this, and until then, we may not know how bad the problem still is.
Now that I have spoken the name of the great Admin Gods, I will copy this article into a Google Doc lest this article be smitten from the face of the eWorld.
Today's Movers
The CNY is being forced down by several large offers. The Chinese currency was held stable around 0.009-0.01 a few weeks ago, and it could hold at those levels again, so if enough CNY goes up for these low prices, it could take some time for it to rise back up again.
After thinking about the KWR, and how it's going to be a currency without a country soon, I started thinking about what if this happened to more countries? I hate to say this, but as an investor this is a risk that must be recognized - What if Sweden and Poland succeed in wiping out Germany? What will happen to the DEM? It's already dropped a lot, and I can't believe that the Germans would ever let their country stay taken over, but the DEM could be worthless as a purchasing currency one day in the near future.
The ESP is at risk as well. It's bad enough that it has dropped these 3 points, but now Hungary is attempting to TO Spain to cut us off from their Iron. This could be devastating to several countries, including the eUS. It could cripple economies everywhere. If there is one thing you are going to watch today, let it be about this, because it is vital to economies across the globe.
The IRR has picked up a little, and looks to be on the rebound back up to 0.03.
The KPW is under threat of a TO today, being a new country having it's first election, so watch out for this currency to move very fast today.
There is very little LTL let up for sale, and may get bought up today, and spike.
The MXN moved 4 points up to 0.013. If you happened to get into this a few days ago when it bottomed out, this is a great price to sell at.
The NOK continues to come down from it's spike earlier in the week, slowly but surely.
The SEK looks like it might hit 0.027 today. With all their new territory, it's about time this started to pick up.
There is a large offer of THB going for 0.01, and may be stuck at this price for some time before it can make it's way up to 0.011 again.
Currency / Current Value / Change / %
ARS / 0.01 / + 0.00
ATS / 0.009 / + 0.00
AUD / 0.023 / + 0.00
BAM / 0.025 / + 0.00
BEF / 0.016 / - 0.001 / - 5.88%
BGN / 0.01 / + 0.00
BRL / 0.03 / + 0.00
CAD / 0.034 / + 0.001 / + 3.03%
CHF / 0.015 / + 0.00
CLP / 0.017 / + 0.00
CNY / 0.012 / - 0.002 / - 14.3%
CZK / 0.007 / + 0.00
DEM / 0.015 / + 0.00
DKK / 0.022 / + 0.00
EEK / 0.02 / + 0.00
ESP / 0.037 / + 0.001 / + 2.78%
FIM / 0.021 / + 0.001 / + 5.00%
FRF / 0.019 / + 0.00
GBP / 0.028 / + 0.00
GRD / 0.006 / + 0.00
HRK / 0.019 / + 0.00
HUF / 0.022 / + 0.00
IDR / 0.036 / + 0.00
IEP / 0.012 / + 0.00
INR / 0.011 / + 0.001 / + 10.0%
IRR / 0.028 / + 0.001 / + 3.70%
ITL / 0.026 / + 0.00
JPY / 0.029 / + 0.00
KPW / 0.021 / + 0.001 / + 5.00%
KRW / 0.006 / - 0.001 / - 14.3%
LTL / 0.021 / + 0.00
LVL / 0.007 / - 0.001 / - 12.5%
MDL / 0.012 / + 0.00
MXN / 0.013 / + 0.004 / + 44.4%
MYR / 0.007 / + 0.001 / + 16.7%
NIS / 0.02 / + 0.00
NLG / 0.014 / + 0.00
NOK / 0.015 / - 0.002 / - 11.8%
PHP / 0.02 / + 0.00
PKR / 0.008 / + 0.00
PLN / 0.02 / + 0.00
PTE / 0.008 / + 0.00
RON / 0.017 / + 0.00
RSD / 0.009 / + 0.00
RUB / 0.015 / + 0.00
SEK / 0.026 / + 0.00
SGD / 0.018 / + 0.00
SIT / 0.012 / + 0.00
SKK / 0.01 / + 0.00
THB / 0.01 / - 0.001 / - 9.09%
TRY / 0.01 / + 0.001 / + 11.1%
UAH / 0.012 / + 0.00
USD / 0.02 / + 0.00
VEB / 0.011 / + 0.00
ZAR / 0.011 / - 0.001 / - 8.33%
Money and Women
She's from the Philippines again today
🙂
I'd appreciate any feedback. Also, if anyone wants to contribute about currency trends, possible
future value changes, or any other currency investment related info, I would be more than happy
to include you in the paper with full credit.
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Comments
Generally it's best to buy if it ever hits 0.001 and resell at 0.002, it's guaranteed to rise eventually with people going inactive.
I have some KRW from 6-7 days stock with me🙁((Im angry now but the Philippino girl cheered me up big time.defenetly im gonna move to Philippines.
Fake RSD-s do there job and crippled the economy of eSerbia and i really hope that this scenario wouldn't happen again to anybody but im not sure for that.Take a look at this:
http://www.erepublik.com/en/article/to-attempt-in-eserbia-810535/1/20" target="_blank">http://www.erepublik.com/en/article/to-a[..]/1/20
The JPY is dropping and I own some. I hope it goes back up or I'm screwed.
i got over 300 KRW from a quite a long time back...any idea if there will be an offer to trade them for JPYs?
I know the Japanese President offered that trade for some people, but I do not know at what rate, or if he is willing to do that for anyone.
What are your thoughts on the PLN? It's been stable at 0.02, but I'm holding onto some, since Poland are gaining German territories.
IDK if the PLN will go up... There's over 3000 PLN for sale at 0.02, and I don't think they have that kind of buying pressure behind the PLN. The Narodowy Bank Polski puts it at 0.021, but I don't think the are selling any at that price. Honestly the PLN is one of the currencies that I've seen change the least. They did get a slight jump up to 0.021 awhile back though. It could happen again.
cute girl
KPW is also getting pummeled. Hopefully this TO attempt brings up the value.