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Micheal exchanged 1000US dollars for the Croatain currency which is called Kuna. The exchange rate was 5.81 Kuna to 1 . How many Croatain Kuna did Micheal get. Explain how you know?
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Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
Can someone explain the currency value from the UK to that of the US?
The exchange rate changes every day. You'll need to check a site such as www.xe.com for the latest values.
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Exchange rates are determined through supply and demand. An increase in interest rates can appreciate an exchange rate as investors convert their money into that currency to take advantage of a higher return on their money.
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define exchange and whts its advantages and disadvantages
Explain why when exchange rates change some groups benefit and others lose?
When the exchange rates change some groups benefit like people who are exporting when the exchange rate drops. It is much worse if you're importing and the rate goes down.
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
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pakistan
Will currency etf work to help me financially?
ETF stands for exchange traded fund, and currency etfs are kind of tricky to explain to a beginner. You can go to the website for Investopedia, to get a detailed explanation.
Can someone explain the currency value from the UK to that of the US?
The exchange rate changes every day. You'll need to check a site such as www.xe.com for the latest values.
Explain using economic models how an exchange rate is determined under a floating exchange rate regime What are the factors that can cause an appreciation in exchange rates Malaysia has recently cha?
Exchange rates are determined through supply and demand. An increase in interest rates can appreciate an exchange rate as investors convert their money into that currency to take advantage of a higher return on their money.
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Goods and services are exchanged without the use of money.
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A currency is a unit of exchange ,facilating the transfer of goods or services It is authorised by the government of the country. It's demand and supply can be controlled by the central bank of the country . In India, the law legalised the use of rupee as a medium of payment that cannot be refused in setting transactions in India .no indiviual can legally refuse a payment made in rupees.
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Khbr nai
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Briefly explain Advantages and disadvantages a flexible exchange-rate system?
define exchange and whts its advantages and disadvantages
