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To: Chgogal

Their currency strength is not an inidication of economical status. If that were the case... Countries like Qatar, Saudi Arabia, UK and others that have currencies set higher than 1 to 1 ratio of the dollar would mean that their economy is stronger than the US and that is not the case.


19 posted on 03/12/2005 9:12:58 AM PST by Alex Marko
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To: Alex Marko

Then what is it an indication of? That Central Banks are hedging their position?


20 posted on 03/12/2005 9:17:07 AM PST by Chgogal
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