https://padlet.com/ichew/bbb4ma_floating What do you think FLOATING currency means? en-us 2016-11-26 19:37:28 UTC 2025-11-16 19:34:14 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Dartstarget.png habiba_allam6464 https://padlet.com/ichew/bbb4ma_floating/wish/140001682 Floatation of the currency means decreasing the countries currency costs ]]> 2016-11-27 07:11:01 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001682 lina_amr99 https://padlet.com/ichew/bbb4ma_floating/wish/140001695 it means devaluing your currency and making it low compared to other hard currencies in the country bcoz of inflation]]> 2016-11-27 07:11:12 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001695 chrissaleh15 https://padlet.com/ichew/bbb4ma_floating/wish/140001697 I think floatation of the pound can be compared to the stock market crash in the 1930's which lead to the Great Depression. Basically the devaluing of a currency. Inflation. There are alot  of pounds going around so it's less valuable and could eventually lead to some sort of depression in Egypt ]]> 2016-11-27 07:11:24 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001697 https://padlet.com/ichew/bbb4ma_floating/wish/140001701 Floatation means when the country's currency costs less that what it was worth, due to the increase of bills being produced. All prices will go up, and the market will change. ]]> 2016-11-27 07:11:30 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001701 https://padlet.com/ichew/bbb4ma_floating/wish/140001707 Floating currency means that the currency is so light/soft (costs less), so it starts to float around, usually at an unstable rate. An inflating currency usually leads to poverty and decreases trades with other countries, which then leads to minimal foreign imports. ]]> 2016-11-27 07:11:41 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001707 eric_banoub https://padlet.com/ichew/bbb4ma_floating/wish/140001724 Decreasing the value of your currency compared to foreign currencies 

]]> 2016-11-27 07:12:29 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001724 https://padlet.com/ichew/bbb4ma_floating/wish/140001734 Floatation means increasing the pounds value compared to other currencies in the market]]> 2016-11-27 07:12:47 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001734 https://padlet.com/ichew/bbb4ma_floating/wish/140001746 Decreasing the value of your currency compared to the value of foreign currencies ]]> 2016-11-27 07:13:18 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001746 https://padlet.com/ichew/bbb4ma_floating/wish/140001749 When the currency of a country's value decreases in comparison to other currencies in the world.]]> 2016-11-27 07:13:23 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001749 https://padlet.com/ichew/bbb4ma_floating/wish/140001768 If you take the meaning of FLOAT literally with the currency it means that the value of the Egyptian pound is lowered (floated) based on the water level (demand for the dollar). Because Egyptians are always buying from others it drives the Pound lower. On top of that very little is sold from Egypt meaning the Egyptian pound is always being given away and there is very little demand for the currency.]]> 2016-11-27 07:14:10 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001768 https://padlet.com/ichew/bbb4ma_floating/wish/140001790 when the currency price is set higher by the market based on how much people want or need something. ]]> 2016-11-27 07:15:04 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001790 helmawi https://padlet.com/ichew/bbb4ma_floating/wish/140001817 2016-11-27 07:15:56 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001817 https://padlet.com/ichew/bbb4ma_floating/wish/140001824 when the government inflates the currency themselves so it sells in the banks at the same price it sells in the black market]]> 2016-11-27 07:16:12 UTC https://padlet.com/ichew/bbb4ma_floating/wish/140001824