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If the world uses one currency which countrys currency will be the dominant currency or will a completely new currency be invented?
Most certainly the Euro will be the most dominant. Maybe a new currency, but the Euro has the most value.
What is the currency in the gulf countries?
Not all Gulf countries use the same currency. For example, Bahrain, Oman, Qatar, and the Kingdom of Saudi Arabia use the riyal. Kuwait uses the dinar, and the UAE uses the dirham AED.
What is a one-commodity country?
countrys that rely on just one or two principal commodities for much of their earnings.
How currency get value?
Governments issue currency, and if you trust the government, you will trust its currency.
What currency is used in which country?
The Azerbaijani New Manat is the currency of Azerbaijan The Yen is the currency of Japan The NZ dollar is the currency of New Zealand The pound Sterling is the currency of the United kingdom The Malaysian ringgit is the currency of Malasia The Chilean peso is the currency used in Chile etc
If the world uses one currency which countrys currency will be the dominant currency or will a completely new currency be invented?
Most certainly the Euro will be the most dominant. Maybe a new currency, but the Euro has the most value.
Why is Indian Navy protecting gulf of aden?
its not just the Indian navy, a few countrys (known as a "coalition") are also paricipating........they are protecting ships passing through the gulf of of aiden from pirates
What country has Bahrain coins?
The Bahraini dinar is the current currency of Bahrain, and is only used but the kingdom of Bahrain. Previously, Bahrain had shared its currency (the gulf rupee) with other nationals in the gulf, however in 1965 a soley Bahraini currency was established.
Countrys that border Persian gulf in Middle East?
Saudi Arabia, Kuwait, a very little piece of Iraq, Iran, & the United Arab Emirates
What is the currency in the gulf countries?
Not all Gulf countries use the same currency. For example, Bahrain, Oman, Qatar, and the Kingdom of Saudi Arabia use the riyal. Kuwait uses the dinar, and the UAE uses the dirham AED.
Someone have wrote a bank draft for you from another country How can you deposite to your account in your country?
It will most likely be sent to their main office, which then finds out how much its worth in your countrys currency. Then they deposit it for that amount.
What countrys does the river Niger start and end?
From Guinea, the river runs through Mali, Niger, on the border with Benin and then through Nigeria, discharging in the Niger Delta into the Gulf of Guinea in the Atlantic Ocean.
What countrys participate in the Olympics?
greenland
What countrys are fridges made?
CHina
Guide to Currency Investing?
Currency investing is an extremely high risk, high reward form of investing. Though the basic principles of investing (buy low sell high) apply to currency investing, it is a complicated process that is intrinsically tied to the volatility of world markets and currency rates.At its heart, currency investing is essentially trading one countries currency for that of another. Many people find the concept of buying money confusing from an abstract standpoint, but it is actually quite simple; nothing stays the same. The inherent stability and value of a countrys currency is tied to the overall strength and stability of the countrys economy, which is constantly fluctuating. Successful prediction of this flux allows currency investors to exchange weakness for power.The risk involved with this particular form of investing becomes apparent by simply checking news headlines. War, famine, natural disasters, and political instability are simply a few of the problems that every country must face, and each one of them has a short term and long term effect on the overall stability of a countrys economy and currency. The ability to predict and anticipate these changes is crucial to successfully investing in currency markets.The lure of currency investing is two-fold. One, currency investing, while extremely dangerous and fickle, is an exciting form of investing because it offers one of the best possibilities for extreme short term gains. Based on the sheer volume of trades that occur on a daily basis, fortunes can be made in an extremely small amount of time.Second, when dealing with currencies such as the dollar, investors are able to access an extremely large pool of data surrounding economic trends. Those experienced with currency investing believe that by studying this data they will be able to extrapolate future trends. This belief removes much of the uncertainty surrounding currency investing, and turns it into a more scientific form of money management.Currency investing is not for the faint-of-heart or for the inexperienced investor. Volatility and uncertainty reserve its spot in the portfolio of only the most fearless and experienced of investors.
What is the countrys official name of Sudan?
The Republic of Sudan.
What is the currency used in muscat?
The official currency used is Riyal. When the Sultanate of Oman was established in 1970, Oman replaced the Persian Gulf Rupee with the Oman Riyal Saidi (OMS). The Riyal Omani (OMR) replaced the Riyal Saidi on November 11, 1972 at par.
