Hold On To Your Usd..

bienvenido

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Sep 5, 2004
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Dollars is experiencing a down fall due in part to the on going effort of the DR government to fix the economic but, when the FMI, Paris Accord and TLC all kick (including a salary raise of 30% ) it will be time for "toma chocolate y paga lo que debe", that is when my hard earned USD are coming back, and this time they will be in a mission and it wont?t be from God. So just don?t go out for a while... take my advise " if you drink dont drive and if you drive do?t drink" , watch the World Series, put that presidente elbow to work at home, and the nex headline will be " MR DOP is in MR USD ?s pawnshop paying back his debt.
 
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Formosano2000

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Mar 5, 2003
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Actually..........

It seems the passage of Reform is insufficient to renew IMF agreement. Much more (government payroll trimming, banking reform..etc) are still on the table. An the Paris Club wouldn't re-structure DR debts unless te IMF agreement is reached first.

All these will surely add to unexpected movements in the currency market.

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La reforma fiscal no basta para reanudar el acuerdo con el FMI
El Gobierno iniciar? nuevas medidas de recaudaci?n
Por Cristian Abreu / elcaribecdn.com
Viernes 1 de octubre del 2004 actualizado a las 4:19 PM

http://elcaribe.com.do/articulo_mul...d=FB35077FE2704C26A8C816EF4F79A4B2&Seccion=69