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  LiveWire / Teen Forums / Science & Business / Viewing Topic

Currency strength
Replies: 4Last Post Mar. 7, 2007 12:58am by goodman
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( goodheart4ever )


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Hello there

What makes a currency strong and what relation does it have with gold stock?

thanks


3:19 am on Mar. 2, 2007 | Joined: Dec. 2006 | Days Active: 145
Join to learn more about goodheart4ever Bahrain | Posts: 372 | Points: 1,829
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Hmmm...well im from South Africa and we are one of the worlds largest gokld suppliers. Our currency is not the strongest but it helps strengthen our Rand because it brings in foreign currency which boosts our economy significantly strengthening our currency.

3:57 am on Mar. 2, 2007 | Joined: Feb. 2007 | Days Active: 13
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PopArtsy

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I think a currency's strength just depends on how easy and cost efficient it is to produce as well as keeping distribution at a sustainable level

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12:39 pm on Mar. 2, 2007 | Joined: Feb. 2007 | Days Active: 14
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http://en.wikipedia.org/wiki/Currency_market

Not exactly, but it does have alot of information as to why a currency falls or rises. I don't have the time to explain why.

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12:44 pm on Mar. 2, 2007 | Joined: Sep. 2005 | Days Active: 946
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goodman


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Depends upon your GDP, Gold stock and foreign debt.

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12:58 am on Mar. 7, 2007 | Joined: April 2006 | Days Active: 187
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