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What decides the value of a currency?
Amount of gold desides currency of country.
Who decides the value of rupee in terms of dollar?
The demand and supply forces in the currency markets determine the rate of the rupee to the dollar. The currency is not fixed by a central bank.
What is meaning of depreciation and devaluation and appreciation and revaluation?
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 is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
250000 turk lirasi is this currency hAs value or not?
250000 turk lirasi is this currency hAs value or not?
What decides the value of a currency?
Amount of gold desides currency of country.
Who decides the designs of US currency?
The secretary of Treasury decides the designs of the United States currency.
Who decides the value of rupee in terms of dollar?
The demand and supply forces in the currency markets determine the rate of the rupee to the dollar. The currency is not fixed by a central bank.
Who decides how much currency a country can print?
No
What is meaning of depreciation and devaluation and appreciation and revaluation?
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 is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
250000 turk lirasi is this currency hAs value or not?
250000 turk lirasi is this currency hAs value or not?
How currency get value?
Governments issue currency, and if you trust the government, you will trust its currency.
What is the difference between a fixed currency and a floating currency?
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
Why is there a difference in currency value between different countries?
Because the value of each currency is based on their economic strength. Currency is traded between countries - and one currency may be in more demand (increasing its value) than another.
Why did Germanys economy collapse in 1923?
The value of Germany's currency dropped and inflation soared. <---novanet answer
Which 20 countries has highest value for it's currency?
20 countries has highest value for it's currency
