Google Answers: opportunity cost related to different currencies with pegs

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Q: opportunity cost related to different currencies with pegs ( No Answer, 0 Comments )

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Subject: opportunity cost related to different currencies with pegs
Category: Miscellaneous
Asked by: dozzie-ga
List Price: $50.00

Posted: 23 Jul 2005 19:47 PDT
Expires: 22 Aug 2005 19:47 PDT
Question ID: 547105

How do you calculate opportunity cost, when you have savings in
USD(which was converted from your local currency at a value pegged by
your local government), when the peg is removed, and the value of your
currency appreciates against USD? Considering that the USD savings is
earning interest with sophisticated investments overseas. Considering
that you are still living in the country where you use your local
currency and not USD

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