Global Currency Updates - Day 537
•
by Freedom & Responsibility
Day 537 at 01:05
Hello and welcome to Global Currency Update, a paper dedicated to eInvesting and wealth creation in eRepublik! These reports were previously done in the paper Freedom & Responsibility, but now they will be exclusive to GCU. I've changed the format slightly to make it a little more fun. At the beginning of every issue, you will see the photo of the currency that made the largest gain over the last 24 hours. See if you can guess what currency it is and, at the bottom of the report, you will find out if you were right!
Over the last 24 hours, the money markets have been generally flat, with the exception of JPY, which has been an up and down roller-coaster which is currently down Let's see how the currencies have done in the last 24 hours:
Strongest Currency
Spain
1 ESP = 0.039 gold
Weakest Currency
Pakistan
1 PKR = 0.006 gold
===================================== ==============================
eWorld's most stable currencies
Argentina
1 ARS = 0.010 gold
Australia
1 AUD = 0.023 gold
Spain
1 ESP = 0.039 gold
USA
1 USD = 0.020 gold
===================================== ==============================
Currencies to watch over next 24 hours as possible buy signs (bottoming out):
Austria
1 ATS = 0.009 gold
Bulgaria
1 BGN = 0.009 gold
Chile
1 CLP = 0.018 gold
Czeck Republic --> BUY
1 CZK = 0.007 gold
India
1 INR = 0.009 gold
Moldavia
1 MDL = 0.011 gold
Russia
1 RUB = 0.015 gold
Serbia --> BUY
1 RSD = 0.013 gold
===================================== ==============================
Sell signs
Belgium (BEF) may be at a crest at 0.020 gold. Italy may also be at a crest at 0.026 gold.
===================================== ==============================
Today's biggest movers:
Japan
1 JPY = 0.019 gold (-0.019 gold or 50.00% decrease since yesterday)
:
:
Turkey
1 TRY = 0.010 gold (+0.001 gold or 11.11% increase since yesterday)
Croatia
1 HRK = 0.020 gold (+0.002 gold or 11.11% increase since yesterday)
...and the largest increase and pictured currency of the day is:
Greece
1 GRD = 0.007 gold (+0.001 gold or 16.67% increase since yesterday)
eInvesting disclosure: There is no guarantee that you will make money and there is also the possibility of losing money if you don't watch what you are doing. However, if you don't try, you are also guaranteed not to succeed.
Happy eInvesting! Have fun and enjoy another day in eRepublik!
Facebook
Twitter
Discord
Comments
The MYR has been at 0.007 for the last 2 weeks; their economy is struggling to get back on its feet still, and certain officials are fighting hard to reform their job market. I don't foresee the value rising anytime soon 🙁
Kazeal,
You're probably right about MYR; this is more of a long-term opportunity. When I published this as a buy, it was because I didn't expect the value to go LOWER than 0.007 (which it hasn't), so this could be one to hold on to. If Malaysia eventually develops a stronger economy, MYR will shoot up and the opportunity to buy this will have passed; but don't expect to get rich overnight on this one.