Exchange Rates

If you’re trading with businesses outside your currency block, say the UK or the USA, exchange rate stability is very important. However, for small countries, seeking that stability with a Fixed Exchange rate system could be storing up awful problems in the future. In this weeks, episode, Marcus and Paul look at Chapter 3 of Paul's new book, “A Politician’s Guide to Finance and Money”, to see whether fixed or floating exchange rate systems work best.

Warning: This podcast does not constitute financial or tax advice. Please contact a financial advisor or tax advisor to discuss your own individual circumstances, taking into account your needs and objectives, knowledge and experience and financial situation.