Why is the British Pound so strong?
Answer:
balance of import-export's is 60% or more of money's value. Any country that has balance and doesn't specialize, their money is safe Swiss sweden norge money are actually much safer as a safe haven, all three have balance and moderation in their import export-have high liveing standard's, wage's, and ethic's. British pound is regulated daily to avert a fine line between too much and too little value of the pound, so that the ratio of such cannot devalue money (some country's have two system's of money one for import and the other for currency. Chinese yuan internallyh and remimbi externally.
because you are doing it doggie style.
When it's hot it's HOT. Investors believe the British pound is safer than the dollar or yen or rupee (India). Therefore they save more money in British pounds to prevent fluctuation.
Also, the British economy relies more on tech, finance, commerce and design rather than just industrial production, they don't have to rely much on volatile natural resources to make money.
British banks and investors put alot of stock in foreign companies like China, India, Brazil, and Australia get alot of British investment, and then the huge profits are sent right back to the Britain.
Great Britain makes money off of other country's success.
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