Hadith

Thursday, November 13, 2008

Fall of a quid pound sterling....

Surrey, United Kingdom.
I wrote this expression at 1748pm BST.
To note.
I was about two months now from my first time stepped at Heathrow Airport.
Value of one pound sterling is at MYR 6.32 at that precious moment.
Expensive to express.

But!
What a mercy thing happened today and at the moment.
The value dropped as at MYR 5.40 a quid.
It is almost 1 MYR of dropping.

Wau!
Fantastic!
Tremendous!
Fabulous!

Somehow...
Let us rationalise that phrase.

What is the meaning of that falling off?
What relevant that particular thing with our daily life?
Why does it drops so much?
How can we interprete that hot issue?
The most vital question to us, how important that to us in reverse?

Based from my reading and observation.
I found several word to describe what happen in linked with the falling.

1. Recession.
2. Credit Crunch.
3. Unemployment.
4. Projection of good price; whether increase or decrease.
5. Subprime.
6. Demand.
7. Monetary management system.
8. Expanding of India, China and Africa; in term of development of that countries.

To add.
From the trend I observed daily since last 06 Sept 2008.
It is gradually falling nor increasing too much.
For some reason, it might fierce us and frightening us up.

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