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Governments once printed money and promised it could be exchanged at a specific rate for a particular commodity. What was the most common commodity used?
gold
Governments once printed money and promised it could be exchanged at a specific rate for a particular commodity What was the most common commodity used?
gold
What is defined as the rate at which a commodity is exchanged for money or other units of exchange?
The selling or market price
Is there security transaction tax on commodity or not?
There is a tax similar to STT and it is called Commodity Transaction Tax. The CTT is applicable @ the same rate of 0.017% (like STT) chargable on the value of trade.
Labor rate in India?
Inflation in India was gone upto 13 % and now reduced to 6.38 BUT in reality commodity prices increased when oil prices increased but not reduced when oil prices slashed..so until unless basic commodity prices reduce, Labour rate in India will not come down. as usual it increases Min 10% avg this year also.. Govt has to come forward now and reduce the commodity prices to control the labour rate in India..
Why silver rate is going down in Indian commodity market?
Domestic commodity markets continue to witness a fall in gold prices and silver follows suit. ... Gold prices down in futures trade on global cues.
What Starbucks pays for coffee beans?
Starbucks pays substantially above whatever the current commodity rate is at the time. It varies
Which is the largest commodity exchange for commodity market?
Oil is that commodity.
What is headline rate of inflation?
Headline rate of infaltion related wiith income growth determine the individual's standard of living. it included the prices of that commodity that are volatile such as food and energy items.
Is milk a commodity or a product?
commodity
Is oil a commodity?
Yes oil is a commodity....
What is the opposite of selling a commodity?
Buying a commodity.
