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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?
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∙ 6y ago
The currency weakens
Shana Bradtke
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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
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depreciation is due to international economic pressure i.e the supply and demand of a currrency whilst devaluation is done by the government of a certain country , when it decides to set its currency or give its currency a certain value against others.
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
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