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What happens when more people holding specific currency want to sell it than there are others who want to buy it?
The currency weakens
What happens when more people holding a specific currency want to sell it than there are others who want to buy it?
The currency weakens
What is currency drain?
The effect of people holding part of the increase in the money supply as currency, rather than depositing it so that it can be used to create more loans
What currency do the people of Germany use?
The germans use the Euro as their currency
How do people use currency to provide for goods and services?
People use currency to provide goods and services by spending and buying
What happens when more people holding specific currency want to sell it than there are others who want to buy it?
The currency weakens
What happens when more people holding a specific currency want to sell it than there are others who want to buy it?
The currency weakens
What is currency drain?
The effect of people holding part of the increase in the money supply as currency, rather than depositing it so that it can be used to create more loans
What happens if currency was not invented?
If currency was not invented people would have no motivation or ambition to work, but a lot of the problems in the modern world would disappear.
What happens if the sky was upside down?
If the sky was upside down, the people will fall because there is no gravity holding it.
What currency do people use in Asia?
Asia is a continent, not a country. People in Asia use many different currencies.Chinese people use the Yuan.Russian people use the Ruble.Japanese people use the Yen.Indian people use the Rupee.
What country uses yin hang currency?
The yin hang currency is used in China, where it is known as the renminbi (RMB) or yuan. The term "yin hang" typically refers to the currency's representation in specific contexts, such as banking or finance. The yuan is the official currency of the People's Republic of China.
What is the currency of asghanistan?
The currency is named after the people the Afghani
What currency do the people of Germany use?
The germans use the Euro as their currency
What is the official currency of China?
The official currency of the People's Republic of China is Renminbi.
What did people think about America having no national currency?
I am not sure what you want to know. Before independence, British currency was used in all the colonies and was the national currency. After independence, the continental congress coined money which was a national currency. People did not fully trust the new currency and British currency was used as well.
What currency do the French people use?
In France they use the Euro. French people can use whatever currency is appropriate in the country they are in.
