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U.S. Dollar to UAE Dirham Exchange Rate

Discuss U.S. Dollar to UAE Dirham Exchange Rate at the Forex within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello all I have a question: According to the graph at the bottom of this ...


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  #1  
Old 27th February 2008, 01:16 PM
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Question U.S. Dollar to UAE Dirham Exchange Rate

Hello all

I have a question:

According to the graph at the bottom of this page
http://www.trading-junction.com/economic-indicators

U.S. Dollar to UAE Dirham Exchange Rate graph show a flat correlation????
How come?
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  #2  
Old 27th February 2008, 01:22 PM
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Default Re: U.S. Dollar to UAE Dirham Exchange Rate

Its always the same exchange rate

Its fixed by the Government there
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Old 27th February 2008, 01:38 PM
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Default Re: U.S. Dollar to UAE Dirham Exchange Rate

Quote:
Originally Posted by ratan jain View Post
Its always the same exchange rate

Its fixed by the Government there
Under the Government Knows Best Act
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Old 27th February 2008, 01:41 PM
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Default Re: U.S. Dollar to UAE Dirham Exchange Rate

Something like that
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  #5  
Old 27th February 2008, 05:09 PM
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Default Re: U.S. Dollar to UAE Dirham Exchange Rate

Quote:
Originally Posted by CreditViolet View Post
Under the Government Knows Best Act
Ha ha ha

C V
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  #6  
Old 27th February 2008, 11:23 PM
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Default Re: U.S. Dollar to UAE Dirham Exchange Rate

UAE Dhiram is pegged to US Dollar at 3.675 AED to One US$ for last 20 years. There is a talk either to depeg or revalue but nothing happened so far.
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Old 29th February 2008, 01:51 PM
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Question Re: U.S. Dollar to UAE Dirham Exchange Rate

Quote:
Originally Posted by ger06 View Post
UAE Dhiram is pegged to US Dollar at 3.675 AED to One US$ for last 20 years. There is a talk either to depeg or revalue but nothing happened so far.
Thank you all for the insight!

And is it true that china also is planning to unpegg with US?
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Old 1st April 2008, 05:21 PM
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Default Re: U.S. Dollar to UAE Dirham Exchange Rate

Hello,
maybe you can help me?

I'm a masters student in business and I'm doing some research on FDI in the UAE. For this I'm looking for some information about the Dirham Exchange Rate over the past 30-40 years. But unfortunatly the link on top of this discussion doesn't work.

Is there somebody here who could help me were I can find this information? I'm looking for a chart and I'm looking for Governmetal desisions on this topic from the UEA.

Cheers, M.
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