Economy, asked by Robin8singh, 1 year ago

Why the value of currencies of different countries are unequal?

Answers

Answered by abhi1o1
1
it's depend on gdp thank you
Answered by moksood687p83wn6
1
Instead, different countries have different currencies (also called 'monetary units') and each currency has its own value. ... Since we are comparing the same thing from the basket of goods both countries have, you should have the equivalent of one U.S. dollar in Russia's currency, or 31.5 rubles.
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