Author Topic: Lira with muscle  (Read 1670 times)

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Offline Colwyn

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Lira with muscle
« on: December 05, 2007, 12:32:51 PM »
The Lira has strengthened to less than 2.4 to the GBP. What does it think it is playing at? Doesn't it understand elementary economics? Or doesn't it care?

Offline c1

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Lira with muscle
« Reply #1 on: December 05, 2007, 16:22:25 PM »
elementary economics? supply and demand ? or high interests = currency value ie low rates in usa = low dollar value or could it mean the pound is drowning as no longer floating?




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