Who decide the rising and down of Lao currency (kip) against American dollar??
1 USD
8,459 (buy)
8,491 (sell)
Man this question really silly, Who do you think decided keep a Doalllars weak or strong???? Of course Treasury Department.. same case as in Laos... Are you rying to test somebody or you your self don't know????
Who decide the rising and down of Lao currency (kip) against American dollar??
1 USD
8,459 (buy)
8,491 (sell)
Man this question really silly, Who do you think decided keep a Doalllars weak or strong???? Of course Treasury Department.. same case as in Laos... Are you rying to test somebody or you your self don't know????
If you think you are smart and know, why don't explain to farmer like me?? thank you.. is silly for you, but it s really good topic for a farmer and normal people in Laos??
Who decide the rising and down of Lao currency (kip) against American dollar??
1 USD
8,459 (buy)
8,491 (sell)
Man this question really silly, Who do you think decided keep a Doalllars weak or strong???? Of course Treasury Department.. same case as in Laos... Are you rying to test somebody or you your self don't know????
If you think you are smart and know, why don't explain to farmer like me?? thank you.. is silly for you, but it s really good topic for a farmer and normal people in Laos??
Noh Noh.. i never think that i'm smart enough to know how the market dictate the economy, but i can get aroun a little. Oh by the way, not many farmers out there that talking about the market and currency like you do. very few, very few. and i know you know more than what you asking. and also you want to know if anybody here know the answer... Don't lie you are not a farmer..Man.
This is very good subject of discussion. Ok. you're right!!!! I ain't a farmer, but I am a stupid gardener alright? You know? I plant tomatoes, parsley, onion, cilantro, mints, carrot, cucumber & peppers all those daily consumption 4 you & everybody else. So, Plez tell me who the hell decides the up & down of $$ vs Kip? Thankyou 4 your kindness intelligent.
This is very good subject of discussion. Ok. you're right!!!! I ain't a farmer, but I am a stupid gardener alright? You know? I plant tomatoes, parsley, onion, cilantro, mints, carrot, cucumber & peppers all those daily consumption 4 you & everybody else. So, Plez tell me who the hell decides the up & down of $$ vs Kip? Thankyou 4 your kindness intelligent.
Come on man i alreadies told you, Treasury department that make decision about Monetary and fdereal Reserve board make decision about either to increas or lower Interest to all size of Business.. as for our country, Laos, i really don't know is Incharge the Commerce Department. you do some homework yourself.. Oh, Thanks for planted all these vegetables and feed it to market. all of them are my favor.. i'm pretty much vegies myself... Hey,don't called your self a stupid gardener.. and it' good debates...
This is very good subject of discussion. Ok. you're right!!!! I ain't a farmer, but I am a stupid gardener alright? You know? I plant tomatoes, parsley, onion, cilantro, mints, carrot, cucumber & peppers all those daily consumption 4 you & everybody else. So, Plez tell me who the hell decides the up & down of $$ vs Kip? Thankyou 4 your kindness intelligent.
Come on man i alreadies told you, Treasury department that make decision about Monetary and fdereal Reserve board make decision about either to increas or lower Interest to all size of Business.. as for our country, Laos, i really don't know is Incharge the Commerce Department. you do some homework yourself.. Oh, Thanks for planted all these vegetables and feed it to market. all of them are my favor.. i'm pretty much vegies myself... Hey,don't called your self a stupid gardener.. and it' good debates...
haha, if you don't know why u just said bull ****t, what the hell is treasury department?? but i respect your asnwer ok, and I wana hear from BLM, I think BLM will give us some answer?? as for Anonymous, i think you guys know as well, so please share with farmer on samakomlao??
This is very good subject of discussion. Ok. you're right!!!! I ain't a farmer, but I am a stupid gardener alright? You know? I plant tomatoes, parsley, onion, cilantro, mints, carrot, cucumber & peppers all those daily consumption 4 you & everybody else. So, Plez tell me who the hell decides the up & down of $$ vs Kip? Thankyou 4 your kindness intelligent.
thank you, at least you think it is not stupid question, i am sure that there are man many people in Laos don't know why the Kip goes up and down?? who decide it??i have some answer but it might not be exactly right...
I was quite happy in 08 when I got 10,000kip per 1 us dollar. The conversion amount is well balance value that economist and investors understand. Each countries central bank determine how much money is circulation, thereby influencing the traded value of a currency. Central banks can reduce the supply of money and the value goes up. They can also increase (print) the supply of money and it's value drops.
It's a delicate balance they must make which is whole new topic. Investors also buy and sell money with the prediction that they can turn a profit or diversify their assets.
Who decide the rising and down of Lao currency (kip) against American dollar??
1 USD
8,459 (buy)
8,491 (sell)
Hey, Hey, I'm backkkkkkkkkk. 555. how's everybody in here ?? OMG. It's nice and Sun shine here in New England. But, it' only 30' degree in my town.555.. Hey, Brother this is very Interesting topic . Let' me Quote Brother ok, (Who decide the Up and Down of Lao currency (KIP) against American Dollar, ??) Me, Speakout, ha, ha, Just kidding. hmmm, Well to be honest with you Bro, i do believe '' It' Currency Trading that dictated the Up and Down of the International Monetary and as well as Domestic (Local currency) monetaries funds,'' What's the effect of the money on the economy ? It is evident that changes in the valume of money can have a definite effect on the level of economy activity and on the price level, Depending on the conditions existing in the economy . It is also quite true, however, that money cannot cure all or even most the weaknesses of a particular economy. Change inthe money supply, however can cause an acceleration or decceleration in the circular flow of economic activity.... as for our country laos. whoever run the Commerce department that person has to keep an eye on the U.S. economy and make sure inflation donot runaway.... i don't know if i give you the right answer Bro, i guess i'm not confusing you more ok...
The Lao kip floats freely, the Lao central bank used to get the day's rates by going down to Dalat Sao and seeing what kip and dollars were selling for. They no longer walk but I'm sure they consult with the various banks.
Longer term money supply of course does effect exchange rates. Remember the last hyper inflation in 96-97? No one was in control of the Treasury and they were printing money, then big brother China stepped in (with a big old gift of lotsa money) and brought in some of those kids with thick glasses and low an behold Laos has a stable currency.
Why no longer 10,000? It's the dollar. Kip hasn't strengthened but the dollar has weakened.
I wish China would send some of those smart kids over to the US to run our Treasury.
The Lao kip floats freely, the Lao central bank used to get the day's rates by going down to Dalat Sao and seeing what kip and dollars were selling for. They no longer walk but I'm sure they consult with the various banks.
Longer term money supply of course does effect exchange rates. Remember the last hyper inflation in 96-97? No one was in control of the Treasury and they were printing money, then big brother China stepped in (with a big old gift of lotsa money) and brought in some of those kids with thick glasses and low an behold Laos has a stable currency.
Why no longer 10,000? It's the dollar. Kip hasn't strengthened but the dollar has weakened.
I wish China would send some of those smart kids over to the US to run our Treasury.
I'm a farmer maybe i can help, ha.ha.ha. i like that Brother Ban-nok, Hey Bro, i like to point out when you mention about Asia economics crisis in 1996-97. Stating with Thailand follow by Korea and the Rest of Southeast Asia except Singapore. the reason why Thailand and Korea failed so bad because they gave out the loan to unqualify person who couldn't pay them back and it' cause the economy collaped. and the International Monetary Fund (IMF) step in bail them out, not the Chinese as you understand. well,maybe some .another thing i like to point it out. About weak-Dollar. the reason why they the U.S. treasury department kept the Dollars weak, it' because they doing good in an Export and tourism especially from European countries. last but notleast, yes, i do agree with you that we need a new guy to run our treasury department. but i don't think that i need it from China. ha,ha.
The Lao kip floats freely, the Lao central bank used to get the day's rates by going down to Dalat Sao and seeing what kip and dollars were selling for. They no longer walk but I'm sure they consult with the various banks.
Longer term money supply of course does effect exchange rates. Remember the last hyper inflation in 96-97? No one was in control of the Treasury and they were printing money, then big brother China stepped in (with a big old gift of lotsa money) and brought in some of those kids with thick glasses and low an behold Laos has a stable currency.
Why no longer 10,000? It's the dollar. Kip hasn't strengthened but the dollar has weakened.
I wish China would send some of those smart kids over to the US to run our Treasury.
I'm a farmer maybe i can help, ha.ha.ha. i like that Brother Ban-nok, Hey Bro, i like to point out when you mention about Asia economics crisis in 1996-97. Stating with Thailand follow by Korea and the Rest of Southeast Asia except Singapore. the reason why Thailand and Korea failed so bad because they gave out the loan to unqualify person who couldn't pay them back and it' cause the economy collaped. and the International Monetary Fund (IMF) step in bail them out, not the Chinese as you understand. well,maybe some .another thing i like to point it out. About weak-Dollar. the reason why they the U.S. treasury department kept the Dollars weak, it' because they doing good in an Export and tourism especially from European countries. last but notleast, yes, i do agree with you that we need a new guy to run our treasury department. but i don't think that i need it from China. ha,ha.
yes, i agree with brother speak out,
is it correct if I would say like this
American investors control the value of American dollar? if they want the USD to go up and down is easy for them right??
american investors are playing Game.. they are smart.
This is very good subject of discussion. Ok. you're right!!!! I ain't a farmer, but I am a stupid gardener alright? You know? I plant tomatoes, parsley, onion, cilantro, mints, carrot, cucumber & peppers all those daily consumption 4 you & everybody else. So, Plez tell me who the hell decides the up & down of $$ vs Kip? Thankyou 4 your kindness intelligent.
Come on man i alreadies told you, Treasury department that make decision about Monetary and fdereal Reserve board make decision about either to increas or lower Interest to all size of Business.. as for our country, Laos, i really don't know is Incharge the Commerce Department. you do some homework yourself.. Oh, Thanks for planted all these vegetables and feed it to market. all of them are my favor.. i'm pretty much vegies myself... Hey,don't called your self a stupid gardener.. and it' good debates...
haha, if you don't know why u just said bull ****t, what the hell is treasury department?? but i respect your asnwer ok, and I wana hear from BLM, I think BLM will give us some answer?? as for Anonymous, i think you guys know as well, so please share with farmer on samakomlao??
You brought this issue up, you know about the money issue thing. But you don't know what the hell Treasury department do?? let' me asking you again, Who print the dam paper money?? Treasury department, who do you think that raise the Interest rate either up or down?? Treasury and federal reserve board.. now zip....
Before 1975 it was only between 500. to 600. kip per $1.00 USD.
Yeahh Bro, a matter of fact. Between 1955-1963 The Import trade in Laos was concentrated in the hand of the Chinese merchants, who has access to the free-money markets out-side the country and who has influence in the lao government. While Import program operated on the officially pegged rate of 35 kip to a Dollar, Free market operators in Bangkok and Hongkong gave up to 110 kip to a Dollar. this great disparity led to speculation in foreign exchange in which the hard goods themselves became merely the medium for de frauding the inport program. this involved importing dollar-financed goods and then exporting them to resale for hard currencies.....
