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A strong currency is essentially what the name says. It is a current that is stronger than most currents or it is improved.
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When you buy another currency do you want a weak or strong currency?
strong
What are the effects of depreciating currency on a country?
Depreciating currency in a country will determine how strong the current economy of a country is. If the currency drops then their economy is stronger and more investements are in while if the currency exchange is high, there is depreciating economy against other countries.
How does exchange rate changes affect imports and exports?
If you are exporting and your local currency becomes strong then your products become more expensive for your buyers. If you are importing and your local currency becomes weak then the products you are importing become more expensive.
Us dollar getting strong or weak against other currency?
It is getting weaker against other currencies
What countries use hard currency?
The phrase "hard currency" is normally only applied to strong, stable, easily exchangeable currencies. This would include the US Dollar, Euro, GB Pound, Japanese Yen and several other currencies. Examples of non-hard currency would be things like the Zimbabwe dollar - where the notes are difficult to exchange for another currency and where the countries inflation makes the notes worth less each week.
When you buy another currency do you want a weak or strong currency?
strong
What is strong currency?
A strong currency is essentially what the name says. It is a current that is stronger than most currents or it is improved.
What is meant by a Strong Currency?
It means, when it is weak we buy les from other countries than we were used to, strong currency is visa vesa
How strong is Germany's currency?
The strongest in Europe and the third strongest in the world.
Is the euro the best currency in the world right now?
best is not the way to say how a currency is... if you mean how strong it is compared to the other currencies then NO
The yen is strong against the dollar The yen is a basic unit of currency of?
china
Is currency a synonyms antonyms or homophones?
"Currency" and "currency" are homophones, as they are pronounced the same but have different meanings. Currency refers to a system of money in general circulation or a particular form of money. "Cursing" is the act of using offensive language or expressing strong disapproval, which is unrelated to currency.
Why is Australia's currency strong?
The primary factors for Australia's currency currently being strong are: 1) High relative interest rates - makes it more attractive to hold 2) High commodity demand and consequently prices
What are the effects of depreciating currency on a country?
Depreciating currency in a country will determine how strong the current economy of a country is. If the currency drops then their economy is stronger and more investements are in while if the currency exchange is high, there is depreciating economy against other countries.
What is the economy in Sweden?
The economy in Sweden is strong, and the fastest growing in the EU, as of 2011. If you're refering to the currency, it is called 'krona' and the currency code is SEK.
How strong is the us currency?
hey guys, the u.s currency is pretty strong. it is grater than all the major currencies except Canadian dollar, the Japanese dollar and the Australian dollar. Omar Rajeh is such a hottie (hes a dude in gr.8)
Inspite of US being a net importer why is US such a strong currency?
everything about that question is wrong!
