answersLogoWhite

0

Currency rates are relative prices, so as the US Dollar falls, the alternate currency is rising.

In economic terms, either is possible.

In 2009, the accepted wisdom is that the US Dollar is the culprit, falling in value.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What currency does Zimbabwe have?

Zimbabwean Dollar written Z$ to distinguish it from other dollar currencies. Because of massive inflation is was suspended 12th April 2009. Today, other currencies are used for transactions instead


Is the Australian dollar different from the American dollar?

Yes, despite the similar name they are compleley separate currencies. Canada, New Zealand, Jamaica, Brunei and several other countries also have independent currencies called "Dollar".


Is the Dirham shared with other countries other then morocco?

No. The term "dirham" is used by other countries (like the UAE). However, these dirhams and the Moroccan Dirham are different currencies and are not interchangeable. (It is the same as the US Dollar, Canadian Dollar, Australian Dollart where all of these dollars are different currencies.)


What happens if there is more demand for dollars?

comparative value of dollar wrt other currencies will increase


When the dollar falls compared to other currencies which group benefits the most?

thode who export oversees


What is Zimbabwes currency?

Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar


When the dollar rises compared to other currencies which group benefits the most?

those who import products from oversees


What is Zimbabwe's money currency?

Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar


Why is the Australian dollar so low?

1. Along with other currencies, the $AU is measured against the $US in the world market. When the American government recently boosted it's economy with a multi- billion dollar, taxpayer funded bail out, the value of the $US increased, devaluing the other world currencies.


Which currencies does eBank support?

eBank supports the British pound, the Japanese Yen and the Turkish Lira. Also, eBank supports the Mexican peso, the American dollar and many other different currencies.


Why dollar appreciates?

Overtime the US dollar does NOT appreciate. Most currencies lose their value over time. It is a totally normal and healthy process. Recently the US dollar has gained value relative to other currencies. This is due to the processes in the foreign exchange market and the recent liquidity crisis of the American dollar as the economy slows and money becomes "rarer".


Us dollar getting strong or weak against other currency?

It is getting weaker against other currencies