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The appreciation of the South African rand against the American dollar can be attributed to several factors, including improved economic indicators such as rising commodity prices, which boost South Africa's export revenues. Additionally, increased foreign investment and positive investor sentiment regarding South Africa's economic policies can strengthen the rand. Furthermore, fluctuations in U.S. interest rates and economic performance can lead to a weaker dollar, contributing to the rand's appreciation. Lastly, political stability and effective governance in South Africa may enhance confidence in the currency.
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Who benefits and hurts when the dollar falls against the euro?
What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
Is the british pound the highest against the American dollar?
no
Reasons of rupee Deppreciation against dollar?
This is because there is greater demand for dollars against rupees. India needs dollars to import oil and other goods. In other words India is importing more than what it exports. There are several other reasons but these are the main reasons.
How much is the American dollar worth against the euro?
$1.00 us dollar = 0.6965 Euro Dollar on May 10, 2011. Please be aware that rates change daily and vary with the amount exchanged and the added fee of the exchanger.
What is US dollar rate against Indian Rupee?
As of Dec 1 st 2011, 1 US DOLLAR = 51.65 INDIAN RUPEES the american currency has increased from the 2008 currency rate of 1 dollar is equal to 39.48 rupees
Who benefits and hurts when the dollar falls against the euro?
What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
What are all the reasons for Appreciation in Indian Rupee value as against US Dollars?
this is due increase of forex reserves and intake remittances with a booming economy wrt trade . it is also due to sinking or standstill of a dollar wrt raising euro also causes appreciation of a rupee. the mechanism to control inflation leads to enhance monetory reserves ultimately leads to appreciation of a rupee.
Is the british pound the highest against the American dollar?
no
Reasons of rupee appreciation against dollar?
The main reason for Rupee Appreciation is on account of 1. Huge forex inflow mainly the USD. This inflow is in the form of FDI, ECB, Investment and Remittances. 2. Growing Exports. Resulting in huge inflow in USD thus making the domestic currency appreciate against the dollar. 3. Political Dilemma. Central bank with stringent task to achieve inflation at 4.0 to 4.5% is not in a position to help exporter by means of infusing rupee in the market. Abir Roy
What industry benefit from appreciation of Canadian Dollar?
the bank
What is depreciation and appreciation of foreign currency?
Depreciation is when one currency becomes weak against another currency. Appreciation is when one currency becomes stronger than other currency. For example, imagine that current exchange rate is USD/EUR=1.42 and after some time it changed to USD/EUR=1.45, in that case US Dollar depreciated against Euro. If it changes to USD/EUR=1.38 in this case US Dollar appreciates against Euro.
Reasons of rupee Deppreciation against dollar?
This is because there is greater demand for dollars against rupees. India needs dollars to import oil and other goods. In other words India is importing more than what it exports. There are several other reasons but these are the main reasons.
Reasons of grivna UAH appreciation against dollar?
ukrainian banks appreciate the grivna purposefully. unlike the u.s. dollar, which is regulated in large by the state of the economy, appreciation or depreciation in different countries regulates differently than here in the u.s.. the heads of the ukrainian banks (of which are largely national bank) make money by the changes in the grivna. if they invest in say 100 usd at 5 grivna per dollar, they buy it with 500 grivna. if they then depreciate the grivna to 10 grivna per dollar, their investment is now worth 1000 grivna. without any other changes in the economy such as inflation of prices, they just made 500 grivna. Now banks do this on a much larger scale. if they buy 1 million usd for 5 million grivna, and the grivna depreciates to 10, they just made 5 million. The process works exactly the same way in reverse (such as the case of appreciation against the dollar). its just all a scam regulated by the filthy rich owners of the banks.
US dollar appreciation during gulf war?
Which golf war? There were 3 .
Who is on the American dollar?
George Washington is on The American Dollar.
A 25 percent appreciation in Yuan would be equivalent of what percent US dollar depreciation?
20%
What is the origin of the American dollar?
in 1657 the American dollar was introduced to America
