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Microsoft's 'browser ballot' to cover XP and Vista

Posted by Binny Friday, July 31, 2009 2 comments
Windows XP and Vista users will be given a choice by Microsoft as to whether they want to install Internet Explorer or one of its many rival browsers. On July 24, Microsoft published a proposal it had sent to the European Commission, saying it could alleviate antitrust fears by giving european users of Windows 7 a choice of browser first installation. However, the proposal also suggested giving XP and Vista users the same option, via Windows Update: For Windows XP and Windows Vista users the Ballot Screen update will first be...
In one of its recent announcements RBI has stated that come August all online credit and debit transactions will need to go through one more step before they can be completed successfully. So apart from the details such as the card number, expiry date and the three digit CVV security code that needs to keyed in, it has been made mandatory for the card holder to provide further inputs that indicate a security code or some other data that...
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Forex Currency Trading Systems - Do They Work?

Posted by Binny Thursday, July 30, 2009 0 comments
Many Forex currency trading systems suggest the promise of steady profits, often hypothetically with minor to zero losses. In all facets of monetary speculation, from laying bets to the stock market, people are forever attempting to create clever means to "beat the system" and guarantee their success. Forex currency trading is no different. Is there a forex currency trading method that will eliminate all risk and assure only income for...

Currency band

Posted by Binny 0 comments
The currency band is a system of exchange rates by which a floating currency is backed by hard money. A country selects a range, or "band", of values at which to set their currency, and returns to a fixed exchange rates if the value of their currency shifts outside this band. This allows for some revaluation, but tends to stabilize the currency's value within the band. In this sense, it is a compromise between a fixed (or "pegged") exchange...
The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars. In...

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