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Advantages of a stable currency can include lower borrowing costs and low inflation. A better economy and more investing are other advantages of stable currency. Stability creates confidence. It also allows for better planing as the problem of widely fluctuations in these markets keeps investors away leading to the possibility of even more instability. It's not always clear why this can lower borrowing costs.
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Is the Euro a stable currency?
More stable than the US dollar.
What is dollarization?
To abandon the local currency, and use a more stable foreign currency..ex U.S., Euro..etc
What is the goal of government involvement in currency exchange rates?
Keep it stable
What are the advantages of East African Community using the same currency?
advantage and disadvantage of having common currency
What are the advantages and disadvantages of Currency Appreciation?
Disadvantages of currency appreciation is makes the exports of the domestic economy less competitive in the world markets
Is the Euro a stable currency?
More stable than the US dollar.
Which historian group was affected by lack of a uniform and stable currency?
The Confederate army during the Civil War did not initially have a standard uniform. The Confederacy also suffered from a lack of stable currency.
What is dollarization?
To abandon the local currency, and use a more stable foreign currency..ex U.S., Euro..etc
What is the goal of government involvement in currency exchange rates?
Keep it stable
What currency was used at Constantinople?
Constantinople gave the world a stable currency for about 800 years (400-1200). It was called the BEZANT.
What are the advantages of East African Community using the same currency?
advantage and disadvantage of having common currency
Institution established by Hamilton to create a stable currency?
bank of the united states
The most notable accomplishments of the Confederation Congress resulted in the?
establishment of a stable currency
What are the advantages of artificial fibers?
They are cheaper , easily available, stable and hard.
Is it best to get polish currency or euros?
It is best to get Polish currency (Polish zloty) when traveling to Poland to avoid potentially higher exchange rates and fees when using euros. Most businesses in Poland prefer to be paid in zloty, so having the local currency will be more convenient for transactions.
What is the name of Zimbabwean currency?
Due to hyperinflation, Zimbabwe abandoned its currency in 2009 and now have no own currency, instead relying on stable, foreign currencies such as the US dollar, euro and South African rand.
Is the currency of Malaysia stable in all categories?
The Malaysian dollar was first floated on the open market in 1973. Since the mid 1990s, it has been remarkably stable.
