0
What else can I help you with?
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What is the current dollar for foreign currency rate?
Against what currency?
What country often buys dollars in the currency exchange markets to support the dollar?
To support the dollar, the United States, through the New York Fed, buys dollars and sells foreign currency in the currency exchange markets. Japan is often relied upon to buy US Dollars on various currency exchange markets.
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
What are the currency exchange rates for the USD?
The currency exchange rate for the U.S. dollar depends on the worth of currency for each country. Currently the exchange rate of the U.S $1 is equal to .75 Euros. For the British pound it is .66.
What is the current dollar for foreign currency exchange rate?
Against what currency?
Where can I exchange 20 dollar bills for 1 dollar bills?
You can exchange 20 dollar bills for 1 dollar bills at a bank or a currency exchange service.
Where can I exchange 20 dollar bills for 100 dollar bills?
You can exchange 20 dollar bills for 100 dollar bills at a bank or a currency exchange service.
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What happens when a currency is pegged to the U.S dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
Where can you exchange Philippine currency to US dollars?
how much is the currency exchange rate of philippine peso to u.s. dollar
What is the current dollar for foreign currency rate?
Against what currency?
Where can I exchange old US dollar bills for new currency?
You can exchange old US dollar bills for new currency at most banks, credit unions, or the Federal Reserve.
Where can I exchange my 1 dollar bills?
You can exchange your 1 dollar bills at banks, currency exchange locations, some retail stores, and vending machines.
What is the currency exchange for Iranin Toman for US Dollar?
0.8
Can you use the dollar in Bulgaria?
only in the banks or licentiated exchange bureaus
Where can I exchange 1 dollar bills for larger denominations?
You can exchange 1 dollar bills for larger denominations at a bank, currency exchange, or some retail stores.
