Ancient Roman Coin – Ancient Roman Super Condition Coin

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Roman Super - Ancient Roman Coin

Roman Super

Roman Super Condition Ancient Coin - Roman Ancient Coins

As the economic downturn ripples globally, the economic development during 2009 becomes a hot debate in the U.S and EU. It will become clearer which currency of USD and EUR will become the global currency leader, or if both will be replaced by other currencies in the mid to long term perspective.

IMF;s Special Drawing Rights (SDR) has become a topic of discussions whether it will play a stronger role as global reserve unit, and replace USD.

At the moment there seems to be some appetite to purchase USD debt which can be realized in 24 + months time span, and give strength to other currencies, like Chinese and Japanese currencies. We have to look closer into who is purchasing this debt and what is the potential for these to realize some profit from these assets in medium to long term perspective.

G20 leaders have made clear that for now the dollar's status as the dominant reserve unit remains, but the idea of creating a new reserve currency system based on SDRs has not entirely been discarded. The SDR (Special Drawing Rights) of International Monetary Fund (IMF) has a set of currencies in its basket, which makes it another measure for currency.

There has been discussions lately to include more currencies into the SDR basket, however at the moment IMF has not been willing to make any adjustments to the SDR composition. It has also been discussed to use Gold more actively into the SDR. Again IMF together with G20 has not yet adopted any statement on this issue either.

More effective use of gold and gold and forex reserves in this system, could dilute the SDR, which IMF is afraid of at the moment.

The trends of various currencies versus the Norwegian Kroner (NOK) have had a distinct development through 2008 up till March 2009. These trends have been offset in time during 2008, however it seems like the trends have become more synchronized as time has passed, and today it looks like these trends are identical.

The overall picture is that the NOK has strengthened itself towards two major currencies like USD and EUR in the period of August 2008 up till today. This strengthening has seem to found a semi-stable level at the moment, which has increased the value of the NOK vs EUR and USD substantially.

Roman Super | Ancient Roman Coins, Commemorative Coins, Gold Coins, Silver Coins, Foreign Currency and More!




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Ancient Roman Bronze 20MM Super High Quality Scarce
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330AD Ancient Roman Empire Constantine The Great Coin SUPER PRICE
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