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Hi, Complex question with recent changes, but here is "the simple" answer.
The US Dollar, has been the currency of choice around the world for many years.
Because only the US Dollar had the status of "SDR" Special Drawing Rights, from the IMF international monetary fund. Even "oil" nations are requesting the US dollar no longer be exchanged for their oil, this is a huge economic aspect, downturn for the US.
So, This has all changed just in the past year particularly. There are now countries, people around the world who would prefer other currencies as the US Dollar/World Economy is subject to great inflation now. Hope I answered your question.
What else can I help you with?
How much 100 dollars worth in England?
Literal answer - very little, because virtually no businesses accept payment in US dollars. But you could take it to a bank, and you would get about £65.
A store must accept us dollar bills in payment because the dollar bill is?
legal tenders:)
Which of these best describes why money is an effective medium of exchange?
Nearly everyone will accept money as payment.
Why no one can refuse to accept payment in rupees?
In India, the Reserve Bank of India (RBI) mandates that all transactions must be conducted in Indian rupees, making it the legal tender for all debts and obligations. This means that businesses and individuals are required to accept rupees as payment for goods and services. Refusing to accept payment in rupees could lead to legal consequences, as it violates the country's currency regulations. Additionally, accepting rupees ensures a standardized medium of exchange, promoting economic stability and trust within the financial system.
Why does the IMF require countries to accept economic policy recommendations along with the loans it gives?
The IMF wants to fix the economies of countries that need its help.
Why do people in poor countries usually accept US dollars in payment?
Us currency has a stable backing is unlikely to suddenly lose its value and is acceptable to nearly any one that wants to trade.
Which Baltic countries accept payment in euros?
All three Baltic countries—Estonia, Latvia, and Lithuania—accept payment in euros. Estonia adopted the euro in 2011, Latvia in 2014, and Lithuania in 2015. The euro is the official currency in these countries, making transactions convenient for visitors and residents alike.
Can you accept the poster as a form of payment?
No, we do not accept posters as a form of payment.
How much 100 dollars worth in England?
Literal answer - very little, because virtually no businesses accept payment in US dollars. But you could take it to a bank, and you would get about £65.
Will they accept American dollars in St Petersburg?
Yes, if you pay by credit card. For cash payment required exchange U.S. dollars to the Russian national currency at any bank.
I have paid 2500 dollars on a 2700 dollar car and sellers refuse to accept final payment and are threatening repossession. What are my rights?
A seller may not refuse final payment in an attempt to repossess.
Money that a creditor must by law accept in payment for debuts is called?
Money that a creditor must by law accept in payment for debts is called "legal tender." Legal tender refers to currency that is recognized by law as an acceptable form of payment for settling debts and obligations. In many countries, this typically includes banknotes and coins issued by the government. Creditors are required to accept legal tender to fulfill their payment obligations, although they may also agree to accept other forms of payment voluntarily.
Do you accept purchase orders as a form of payment?
Yes, we accept purchase orders as a form of payment.
Cuban dollar stores are special stores that?
A: Only accept U.S. doallars as paymentA+LS :) Im stiiting next to a cute girl with blonde hair .
Do cab drivers at Manchester England airport accept dollars or euros?
No, the currency of England is the pound, cab drivers will only accept their fare in pounds, they may however accept payment by credit card, the credit card company will convert your dollars or Euros to pounds to complete the transaction, they may charge a small fee for this service.
Do you accept credit cards online as a form of payment?
Yes, we accept credit cards as a form of online payment.
Do buses accept cash as a form of payment?
Yes, buses typically accept cash as a form of payment for fare.
