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Pound (3)
POUND (3)

Definition: (usually - the pound) (finance) The value of the British pound compared with the value of the money of other countries.
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* Any of the three situations, as applicable, would be in.


1. If it is to be bought: WEAK ! That is, buyer can obtain more pounds for his or her own currency, in comparison with earlier purchases.
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WHATEVER IT CLOSES AT.


2. If it is to be sold: STRONG ! That is, seller gets more of the buyer's currency, for less pounds sterling, in comparison with previous rates.
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WHATEVER THE OPENING FIGURE.


3. If it is to be retained or saved: STABLE AND SOLID. That is, there is no devaluation or overvaluation of the currency (= pound) to make its future uncertain, unattractive or make it a speculative currency.
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IN WHICHEVER MARKET.




See perfect tourist (1).
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See perfect bureau de change.

See perfect exchange rate (2).

See perfect currency (1).

See perfect central bank.

See perfect purchasing power (2).

See perfect Zimbabwean dollar.

See perfect short-sightedness (2).

See perfect quick thinking.
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See perfect hard currency.

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