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How did China and Japan manage to weaken their currencies against the dollar?

China and Japan manged to weaken their currencies compared to the American dollar by mass producing a number of objects and then continuing to sell them up until their output exceeded their input.


Why China use two currencies?

China uses two currencies—the renminbi (RMB) as its official currency and the Hong Kong dollar (HKD) in Hong Kong—primarily to manage its economy and maintain different monetary policies. The RMB is used on the mainland, while the HKD operates in Hong Kong, which has a separate financial system and enjoys a degree of autonomy. This dual currency system allows China to control its domestic economy while accommodating the unique financial environment of Hong Kong, promoting trade and investment in the region. Additionally, it helps China manage its exchange rates and capital flows more effectively.


What are two homophones for sees?

Seas, Cease.


What are the Asian countries and their currencies?

The currency of China is renminbi. The currency of Japan is yen. The currency of South Korea is the won.


What is cease-fire in the book of Mockingjay?

Cease fire is the asking of to stop fighting between two sides which are fighting


What are two antonyms for the word cease?

Conclude and stop are antonyms for the word cease.


How do you write a sentence using the word cease?

you can use the word cease to describe something that will no longer exists ex : my cat might cease to exist in a month


What is Asia's main currency?

China's yuan or RMB ¥ would be the most used currency but most countries have their own currencies.


Is the Samoan dollar the same is nz dollar?

No, two different currencies.


What are zero decimal currencies and how do they differ from traditional currencies?

Zero decimal currencies are currencies that do not have any decimal places in their value, meaning they are represented in whole numbers only. This differs from traditional currencies, which have decimal places to represent fractions of a unit. For example, the Japanese Yen is a zero decimal currency, while the US Dollar is a traditional currency with two decimal places.


Can two currencies relative to each other appreciate?

Yes, two currencies can appreciate relative to each other if they both strengthen against other currencies in the foreign exchange market at the same time. This could be due to factors such as positive economic data, market speculation, or central bank policies.


How can I find the exchange rate between two currencies?

You can find the exchange rate between two currencies by checking financial websites, using currency converter tools, or contacting banks or currency exchange services.