Economy, asked by humerakhanum69, 1 year ago

When the value of a country's currency falls The currency is_ so one unit of that currency can buy_ units of other currency

Answers

Answered by aqibkincsem
4
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Answered by topanswers
1

When the value of a country's currency fall, then the currency is weak, so one unit of that currency can buy fewer units of other currency.

Details:

Let us take an example of the country as United States (U.S).

When the currency value of US dollar is rises, it is a strong currency and one unit of US dollar can buy more units of other country's currency.

But, if the US dollar is weak due to weaker economy, then it can buy only fewer units of foreign currency.

Generally, when a country's import value is more than export value, the currency value becomes weak.

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