its currency loses value at the same time prices increase.
No, appreciation of a currency actually results in an increase in its value, not a decrease.
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
it is called deflation
Because it stores value
its currency loses value at the same time prices increase.
No, appreciation of a currency actually results in an increase in its value, not a decrease.
increase inflation
Currency?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
it is called deflation
An increase in the value of one currency with respect to another.
Because it stores value
An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates; a unit of one currency buys more units of another currency.
Usually, the currency will depreciate (lose value).
When its currency loses value at the same time prices increase.
"Forex currency trading operates very similarly to traditional stock market trading, only instead of stocks, you purchase foreign currency. Since the value of currency is constantly changing, you purchase a currency with the hopes that the value will increase and you will make a profit."