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When the value of a country's currency goes up compared to another country's currency that is considered a?
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to Another Country's currency, that is considered a...?"
Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
What else can I help you with?
The value of one's country's currency as compared to another country's currency?
Floating exchange rate
What is the value of currency in one country compared with the value of currency in another?
This is called the Exchange Rate. You can look up exchange rates in newspapers, or in the internet.
What is an exchange rate used for?
An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.
Describe what it means for one currency to be rising against another currency?
one countries currency is worth another countries currency.
When you buy another currency do you want a weak or strong currency?
strong
The value of one's country's currency as compared to another country's currency?
Floating exchange rate
How does the foreign exchange rate of one currency compare to another currency?
The foreign exchange rate of one currency compared to another currency shows how much one currency is worth in terms of the other currency. It indicates the relative value of the two currencies in the global market.
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 is the value of currency in one country compared with the value of currency in another?
This is called the Exchange Rate. You can look up exchange rates in newspapers, or in the internet.
What is convertible currency?
A currency that can be readily bought or sold without government restrictions, in order to purchase another currency. A convertible currency is a liquid instrument when compared to currencies tightly controlled by a central bank or other regulating authority.
How do the currency exchange rates of different countries compare to each other?
Currency exchange rates of different countries are compared by looking at how much one country's currency is worth in relation to another country's currency. This comparison helps determine the value of one currency in terms of another and can fluctuate based on various factors such as economic conditions, interest rates, and geopolitical events.
Define exchange rate?
EXCHANGE RATE IS THE RATE AT WHICH ONE COUNTRY'S CURRENCY IS CHANGED FOR ANOTHER COUNTRY'S CURRENCY. FOR EXAMPLE THE RATE AT WHICH ONE DOLLAR CAN BE CHANGED FOR POUND STERLING OR ANY OTHER CURRENCY.
What is an exchange rate used for?
An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.
Describe what it means for one currency to be rising against another currency?
one countries currency is worth another countries currency.
How does a currency appreciate?
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.
What happens in Currency trading?
In currency trading, at the basic level the price of a currency when compared to another is basically high or low. Example the EUR/USD currency pair. Based on the general health of the two countries and various economic indicators currencies tend to fluctuate. It is this fluctuation that allows forex traders to buy low and sell high.
When you buy another currency do you want a weak or strong currency?
strong
