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In reply to by Willy (not verified)

EM
1 month 3 weeks ago

She was the mother of 5 children, including UP Combating
Maroons basketball coach Goldwin Monteverde of UP
Fighting Maroons. With financial institution accounts
in seven nations together with the Netherlands, the Common League wanted to
stipulate the value of the Stelo in these nations. For all these
financial institution accounts the Common League maintained parallel systematic accounting in the local foreign money
and in Steloj, and appointed brokers in 14 other countries.
The ratio remained four Steloj to the guilder, and bank foreign money conversion tables
were used to fix the worth of the Stelo in other nations.
By basing transactions among different countries on the
worldwide financial unit, the national currencies could be
beyond the attacks of speculators; indeed, hypothesis in forex values would turn out to be ineffective.

For need of scientific information on the efficient purchasing power of the various national currencies it was, nevertheless, inconceivable to find out reliable conversion charges between the Stelo and each national currency.
Later growth of the Stelo stagnated. For 2 years they promoted growth of the Stelo as a world foreign money.

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