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Is currency that is pegged to another currency usually changed on a supply-and-demand basis?
Wiki User
∙ 13y ago
Usually it is not changed as it is 'pegged'. However, it mey be altered in the value because of government action, often politically driven.
Wiki User
∙ 13y ago
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What is another name for US currency?
US currency is usually called written as US Dollars, or USD. If one is looking on the currency markets, such as carrying out Forex trading, the abbreviation USD is usually used,
What currency is used in international trade?
When the United States buys goods from another country, it will usually pay for those goods in the currency of the exporting country.
What factors determine the demand for a foreign currency?
The demand for a foreign currency is based on how many buyers are in the market. Generally speaking, when a corporation seeks to buy products from another company in a foreign country, that corporation will need to make the purchase in the currency of the aforementioned company. Usually their bank will enter the foreign exchange market on behalf of their client and buy the currency required. The greater the demand for that currency, the higher its price.
How the rate of currency is fixed?
The rate of currency is usually fixed based on the stock exchange.
What is foreign exchange revaluation?
When a country/Reserve bank changes the value of a currency. The currency is usually devalued to make exports more competitive. Usually associated to countries with high inflation and political unrest.
Is our currency changed when we wire our money from a bank account to another country online?
The currency is usually changed from the location at which the given individual receives it.
What is another name for US currency?
US currency is usually called written as US Dollars, or USD. If one is looking on the currency markets, such as carrying out Forex trading, the abbreviation USD is usually used,
What currency is used in international trade?
When the United States buys goods from another country, it will usually pay for those goods in the currency of the exporting country.
What happens to a conquered country?
usually they are taken over new leaders are instilled and the country gets a government usually of the one that conquered it and most of all of their currency and other customs are changed
What is a non convertible currency?
Some currencies have restriction placed on them by the authorities, usually the central bank. As such, you cannot freely convert from that currency to another. Often trade documentation is required.
What was the currency in the ghettos during the holocaust?
usually the currency of the country that the ghetto was in.
What factors determine the demand for a foreign currency?
The demand for a foreign currency is based on how many buyers are in the market. Generally speaking, when a corporation seeks to buy products from another company in a foreign country, that corporation will need to make the purchase in the currency of the aforementioned company. Usually their bank will enter the foreign exchange market on behalf of their client and buy the currency required. The greater the demand for that currency, the higher its price.
What is a currency field database?
It is a database field which is designated for the use of currency values. It will only store numbers, and these will usually be displayed with the currency symbol.
How the rate of currency is fixed?
The rate of currency is usually fixed based on the stock exchange.
Does the CHF currency sign come before or after the number?
Usually before. Usually before. Usually before. Usually before.
What does consideration become?
Consideration usually takes the form of currency
What does the m stand for in US currency 100M?
100m in reference to currency usually means one hundred million and/or 100,000,000
