2min chapter

Forward Guidance cover image

"I'm Surprised The Market's Not Down More" | Aswath Damodaran

Forward Guidance

CHAPTER

The Goodness of a Currency

A. So you can't value the uro against the dollar, but you can wie uro. That's an exchange rate, is right? A. All exchange rates are pricing a currency, pricing. We are making a judgment on good versus bad currencies,. And that can be observed in the market. But to what degree? Are there also sort of mackerol drivers for currencies?

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