Ok, here's a question that's bothered me a while, (simplified scenario):
I buy 100 shares in UK in UKP, of German company listed on German stock exchange. The shares are 1 Euro each.
At the time 1 UKP = 2 euro
So in buying 100 shares I spend 50 UKP.
Next day 1 UKP sinks to 1 euro.
Do my shares then become worth 100 UKP ?
I buy 100 shares in UK in UKP, of German company listed on German stock exchange. The shares are 1 Euro each.
At the time 1 UKP = 2 euro
So in buying 100 shares I spend 50 UKP.
Next day 1 UKP sinks to 1 euro.
Do my shares then become worth 100 UKP ?
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