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 | 9 Days Active Join to learn more about DLiciousSouth Africa | StraightFemale | 106 Posts | 202 Points
PopArtsy
Technician
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
------- Beauty is in the eye of the beholder.
12:39 pm on Mar. 2, 2007 | Joined Feb. 2007 | 14 Days Active Join to learn more about PopArtsyPennsylvania, United States | Female | 134 Posts | 280 Points
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.
------- "Thin air? Why is it always thin air? Never fat air, chubby air, mostly-fit-could-stand-lose-a-few-pounds air?"
12:44 pm on Mar. 2, 2007 | Joined Sep. 2005 | 776 Days Active Join to learn more about obvious childOregon, United States | StraightMale | 12904 Posts | 21741 Points
goodman
Wealthy Hobo Patron
Depends upon your GDP, Gold stock and foreign debt.
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