greetings guys,
some acquaintances utter to me interest on call loan.
What call loan is, is a loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a call loan is calculated daily. The resulting interest rate is referred to as the call loan rate.
Call loans use securities as collateral for the loan. It is important to note that a call loan can be canceled at any time.
apparently the expectations that the PHP-THB is probably going to reach peak as we're getting to the 8th this month has something to do with the fact that the real estate prices are about to to drop and affect the PHP rates, that if correct, may possibly be connected to the PHP's skid.
anyone??
i was warned by all the journals not to buy PHP till 2009, when PHP-THB rate will be affected by the weakening in the car manufacturers, and therefore is going to decrease.
one'd best pay more attention to secondary sector related trends, for example the fact that the plastic products market are assumed to go up and cause the PHP rates to strengthen, and concentrate on trade related reasoning like the effect of the market's growth on the PHP in Thailand, when studying the forex market layout.
what newton2001 said
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