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|    ENGLISH_TUTOR    |    English Tutoring for Students of the Eng    |    4,347 messages    |
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|    Message 1,785 of 4,347    |
|    alexander koryagin to All    |
|    When something soars    |
|    15 Jan 15 22:59:07    |
      Hi, all!              I read it:              http://www.bbc.com/news/business-30829917       -----Beginning of the citation-----       Swiss franc soars as Switzerland abandons euro cap              The Swiss franc has soared as much as 30% in chaotic trade after the central       bank abandoned the cap on the currency's value against the euro.              The Swiss National Bank (SNB) said the cap, introduced in September 2011, was       no longer justified.              At the same time it reduced a key interest rate from - 0.25% to - 0.75%,       increasing the amount investors have to pay to hold Swiss deposits.              Following the SNB move the Swiss franc went from 1.20 to the euro to 0.8052.       ----- The end of the citation -----              I've always thought that when a price soars the good becomes more expensive.       But as for a Swiss franc, I understand it lost its value. Did it?       For instance:       Oil prices soared to a new record.              Does the sentence mean that oil became more expensive?                     Bye!       Alexander              --- Paul's Win98SE VirtualBox        * Origin: Quinn's Post - Maryborough, Queensland, OZ (3:640/384)    |
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