Tuesday, June 08, 2004
Report: Day 90
So today's Benrick is fairly evil. But not fun-evil; just evil. The Bangladeshi Taka is currently trading at 58 tk to 1 US dollar. The Benrick task today was to buy 100 Bangladeshi Takas and then on December 31 at 4:55 p.m. Bangladeshi time everyone who's Benricking was supposed to sell them back. This would have the cumulative effect of flooding the market with Takas causing the value of the Taka to plummet.
So, against my better judgment, I invested in the Taka. I had to contact the Bangladeshi Foreign Exchange--in Bangladesh which is not a local call--and with fees and what not this entire endeavor cost me about 10US plus the toll charges.
I'm told I will not receive currency in the mail, but I will receive information on my investor's account and periodic statements. I hope they're in English.
Today I will invent a new way to peel potatoes.
So, against my better judgment, I invested in the Taka. I had to contact the Bangladeshi Foreign Exchange--in Bangladesh which is not a local call--and with fees and what not this entire endeavor cost me about 10US plus the toll charges.
I'm told I will not receive currency in the mail, but I will receive information on my investor's account and periodic statements. I hope they're in English.
Today I will invent a new way to peel potatoes.
