why are all countries currency compare with doller
Answers
Answered by
1
Indian currency compared with other currencies also like you an Australian dollar rates are the most commonly known as compare to USD happens to be the international currency this means a lot of countries
plzz mark brainlist ans
plzz mark brainlist ans
Answered by
1
Governments of emerging market countries often do this to create stability in the value of their currencies. In order to keep the pegged foreign exchange rate stable, the government of the countrymust hold large reserves of the currency to which its currency is pegged in order to control changes in supply and demand.
Similar questions