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Domino’s pizza interim profit slumps

Domino’s CEO Don Meij says the company is “giving the customer more” if inflation were to rise again and they were to choose to make a purchase from the pizza shop.To get more news about bitfx, you can visit wikifx.com official website.

The pizza company’s first-half profit fell 6.9 per cent to $89.1 million, along with its shares after it was down by 15 per cent.

“If we make it attractive enough, that’s what we’re seeing is happening, and there’s an opportunity here that Domino’s continues to look like better and better value in the market,” Mr Meij told Sky News Australia.
At the end of World War 2, the whole world was experiencing so much chaos that the major Western governments felt the need to create a system to help stabilize the global economy.

Known as the “Bretton Woods System,” the agreement set the exchange rate of all currencies against gold. This stabilized exchange rates for a while, but as the major economies of the world started to change and grow at different speeds, the rules of the system soon became obsolete and very limited.

In 1971 the Bretton Woods Agreement was abolished and replaced by a different currency valuation system. With the United States in the pilot’s seats, the currency market evolved to a free-floating one, where exchange rates were determined by supply and demand.

At first, it was difficult to determine fair exchange rates, but advances in technology and communication eventually made things easier.

Once the 1990s came along, thanks to the advent of personal computers, banks began creating their own trading platforms. These platforms were designed to stream live quotes to their clients so that they could instantly execute trades themselves.

Meanwhile, internet-based trading platforms were introduced for individual traders.

These are known as “retail Forex brokers”, these entities made it easy for individuals to trade by allowing smaller trade sizes. Unlike in the interbank market where the standard trade size is one million units, retail brokers allowed individuals to trade as little as 1000 units.