the purchasing power of rupee strengthened because of weak economic conditions in USA.
because of the purchasing power of a particular country is increasing
there are two reasons. 1. A dollar today can earn interest so you will have more than a dollar in the future. 2. Inflation will reduce the purchasing power a dollar over time, so it's better to get the dollar today and spend it today because it won't buy as much stuff tomorrow.
http://www.measuringworth.com/ppowerus/
The phrase, "The US Dollar has fallen against the Euro," means that the value of the US Dollar has dropped in comparison to the Euro.
When the dollar drops in value, it typically means that the purchasing power of the dollar decreases relative to other currencies. In Ecuador, where the U.S. dollar is the official currency, a drop in the dollar's value can lead to higher prices for imported goods, as they become more expensive in terms of local currency. This can result in inflation and reduced consumer purchasing power, impacting the overall economy. However, since Ecuador uses the dollar, the direct effects are somewhat mitigated compared to countries with their own currencies.
because of the purchasing power of a particular country is increasing
there are two reasons. 1. A dollar today can earn interest so you will have more than a dollar in the future. 2. Inflation will reduce the purchasing power a dollar over time, so it's better to get the dollar today and spend it today because it won't buy as much stuff tomorrow.
because of the iron in the dollar bill, as while as the fabric.
cpi
The purchasing value of the "penny" coin is defined as 1/100 of a dollar, or $0.01
http://www.measuringworth.com/ppowerus/
The equity markets and the dollar price are inversely related because when the dollar strengthens against all the major currencies, the prices of the commodities usually drop.
It is equal to about $13.29 in 2014.
$21-$22 in 2010 terms
The phrase, "The US Dollar has fallen against the Euro," means that the value of the US Dollar has dropped in comparison to the Euro.
then the value of the dollar will not be worth a lot
2002