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What is said of a country's currency when it takes less of it to buy the same amount of another country's currency?
Wiki User
∙ 8y ago
it has strengthened
Wiki User
∙ 8y ago
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What is said of a country's currency when it takes more of the currency to buy the same amount of another country's currency?
it has weakened
How might currency be a trade barrier?
Every currency is a different value and the currencies compare to each other differently. Currencies are always changing. The problem is called currency devaluation. A trade barrier is that if a dollar falls, stocks fall and prices change. One day the item's cost might be one amount and a month later the item costs way more. Also, having to convert one currency to another takes time to complete the transaction. Converting between multiple currencies takes even longer.
Why is the indian currency called a rupee?
The Rupee takes its name from an older, sanskrit word, Rūpya, which is the name for a silver coin, and which in turn comes from another word, Rūpá, meaning 'beautiful form'.
How exchange rates are set?
It's determined by the global currency exchange market, which takes into account factors like GDP, unemployment, inflation, and the like.
If interest rates rise what will happen to the value of the dollar?
When US interest rates rise the dollar appreciates or rises in value. Because our interest rates are increasing, other countries are buying our capital which causes the demand from US dollars to increase and increases the exchange rate, meaning it takes more of another currency to buy an American dollar.
What is said of a country's currency when it takes more of currency to buy the same amount of another country's currency?
it has weakened
What is said of a country currency when it takes more of the currency to buy the same amount of another country's currency?
it has weakened
What is said of a country's currency when it takes more of the currency to buy the same amount of another country's currency?
it has weakened
What is said of a country's currency when it takes more of it to buy the same amount of another country's currency?
it has weakened
What is said of a country currency when it takes less of it to buy the same amount of another country's currency?
it has strengthened
What is said of a country's when it takes more of the currency to buy the same amount of another country's currency?
it has weakened
How might currency be a trade barrier?
Every currency is a different value and the currencies compare to each other differently. Currencies are always changing. The problem is called currency devaluation. A trade barrier is that if a dollar falls, stocks fall and prices change. One day the item's cost might be one amount and a month later the item costs way more. Also, having to convert one currency to another takes time to complete the transaction. Converting between multiple currencies takes even longer.
What affects the rate at which a substance dissolves into another substance?
the amount of space the substance takes up
What is the amount of time an object takes to move around another object?
It depends on what object it is. You have to figure out it mass and such.
How do you level up in imobsters?
Another bot you can add that will decrease the amount of time it takes to regain energy is: XKBTTD
What does consideration become?
Consideration usually takes the form of currency
How has the airplane effected the world?
Airplanes Effect The World Because: It Takes You From One Destination To Another In A Short Amount Of Time.
