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Originally Posted by OrangeZayteh  i got the 1st point, thx for ur answer.
as for oil prices, it means that only people in the USA, and countries like Lebanon were the exchange rate is fixed with respect to the US$ that will be hit by higher oil prices most. but in London, the eurozone, or Hong Kong, it shouldn't have that much of an effect, according to what u're saying? what's wrong in this argument since everybody seems hurt? thx |
Suomynona answered the 2nd part for you. Oil is more expensive everywhere but in percentage terms it went up much more in USD terms than with respect to the Euro.