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Posted by Pat | Posted in News | Posted on 09-07-2012

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Forex, short for Foreign Exchange (Foreign Exchange Currency). Also known as International Market of Foreign Exchange. Having led many different businesses from start-up stages to public offerings, is an outstanding business leader. The foreign currency market (Forex or FX) exists wherever one currency is traded with another (such as an exchange house). The market is largely world’s largest in terms of cash value traded, and includes trade among large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions . The British army and its imperial forces in Canada, Australia and New Zealand issued identification tags by the beginning of the First World War. The tags were made of fiber, one red and one green in a chain around the neck. The same pattern is carried in World War II and the Korean War by the forces of the Commonwealth.
The U.S. Army first authorized identification cards in the War Department by General Order No. 204, dated December 20, 1906, as well as Kennedy had offered:
“An aluminum identification tag, with the size of half dollar and silver suitable thickness, stamped with the name, rank, company, regiment or corps of the user, that would be used by each officer and enlisted man in the army. The label must be suspended from the neck underneath the clothing by a cord or strap that passes through a small hole in the card. It is prescribed as part of the uniform and when not worn as described in this document should be kept in possession of the owner. The label will be issued by the Department of soldiers and supplies free of cost price to officers … “
The Army regulations change on July 6, 1916 so that two tags were issued to all soldiers: one to stay with the body and the other to go to the person in charge of the burial for record-keeping. In 1918, the Army approved the name and serial numbers are stamped on the identification of all enlisted soldiers. (The first serial number was assigned to Arthur B. Crean of Chicago). In 1969 the Army approved the Social Security number is stamped for identification. Some nations (eg Germany) instead of two, had a single label with identical information on both sides of the same, which could easily be broken for the purpose of record keeping.

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Dollar Adjustment: How Far? Against What? (Special Report) by C. Fred Bergsten and John Williamson (Paperback – Nov 30, 2004) A Model of Equilibrium Exchange Rates for New Zealand and Australian Dollar (Discussion Paper Series, JEL classification E17, E61, F31) by Simon Wren-Lewis (Paperback – 2004) Annual Report on Exchange Arrangements and Exchange Restrictions 2001 (Exchange Arrangements and Exchange Restrictions) by International Monetary Fund, Gail Berre, and Lucy Ulrich (Paperback – Oct 2001)

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