Sunday, March 16, 2008

Value of BAUG decreases by 15%

The Value of the Baugnian BAUG vs. the $USD decreased by 15% to come to $5.05 because of action taken by the CBB to decrease value by issuing 3,428,723,900 (to come to 2,301,428,723,900 BAUG) more BAUGs and by decreasing the amount of UNITS by 23,012,655,00 to 2,276,987,345,000.


The updated economic rates, according to the CBB, are:
USD vs. BAUG:
BAUG1=$5.05

Banking Interest Rates:
0.75%

Value of UNITs:
BAUG2=1.01UNITS

USD vs. UNIT:
$5USD=1UNITS

Inflation Rate:
10.10%

If you have any questions on how the new economy will effect you, please contact bank@baugnia.org.

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