Economy, asked by bipint6613, 1 year ago

How the value of currency of a country determined?

Answers

Answered by AzeemAhmedKhan

The value of money isdetermined by the demand for it, just like the value of goods and services. There are three ways to measure the value of the dollar. The first is how much the dollar will buy in foreign currencies. That's what the exchange rate measures.

Previous Question

Next Question

Similar questions

English, 7 months ago

what was the result of the king to the thoughtless order of hanging someone immediately?

Science, 7 months ago

Exercises a. A. Choose the correct option. 1. Angora is a species of rabbit b. sheep C. yak 2. Which of the following is not an Indian breed of sheep? a. Lohi b. Nali c. Merino 3. During which process are wool fibres straightened and combed? a. Scouring b. Shearing C. Grading d. camel d. Marwari d. Carding a. 4. Moulting is defined as the removal of the fleece of a sheep b. the extraction of silk...

Math, 7 months ago

A man aged 27 marries a woman aged 24,he dies at the age of 81and she dies at the age of 91. For what fraction of his life is the man married ? For what fraction of her life is the woman a widow?

Math, 1 year ago

In an isosceles triangle, the base angles are equal. the vertex angle is 40°. what are the base angles of the triangle? (remember, the sum of three angles of a triangle is 180°)...

Math, 1 year ago

In an examination 70% students passed in english and 75% passed in hindi .20% failed in both the subjects .if 260 students passed in both the subjects ,then total number of studets is...

India Languages, 1 year ago

essay on mam vidyalaya...

Social Sciences, 1 year ago

What do you understand by african americans...

Computer Science, 1 year ago

what are B link in Html language...