It’s all about world opin­ion

Finweek English Edition - - Letters - GJ SCHOUTEN & SONS CC

THE AR­TI­CLE IN Fin­week of 15 March 2007 “Ja­pan, here we come” refers. The strength or weak­ness of a coun­try’s cur­rency can be in­flu­enced by many tech­ni­cal and other fac­tors some of which are re­ferred to by Vic de Klerk in his ar­ti­cle. Th­ese fac­tors are of­ten of shortor medium-term en­durance, eg SA a few years ago. The bot­tom line is that a coun­try’s cur­rency is ul­ti­mately based on world opin­ion and the man­ner in which that coun­try is gov­erned. Think Zim­babwe and think UK. Which one would you rather trust and in­vest in? It’s as sim­ple as that.

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