LiveWire Peer Support Network

Printable Version of Topic "Currency strength"

- LiveWire Teen Forums & College Forums (http://www.golivewire.com)
-- (http://www.golivewire.com/forums/support-teen.html)
--- Science & Business (http://www.golivewire.com/forums/forum-30-s-0.html)
---- Currency strength (http://www.golivewire.com/forums/peer-bsipba-support-a.html)


-- Posted by goodheart4ever at 3:19 am on Mar. 2, 2007

Hello there

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

thanks


-- Posted by DLicious at 3:57 am on Mar. 2, 2007

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.


-- Posted by PopArtsy at 12:39 pm on Mar. 2, 2007

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


-- Posted by obvious child at 12:44 pm on Mar. 2, 2007

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.


-- Posted by goodman at 12:58 am on Mar. 7, 2007

Depends upon your GDP, Gold stock and foreign debt.


www.golivewire.com