CBSE BOARD X, asked by jmtindian, 10 months ago

why US $ is standard currency than Indian rupee??​

Answers

Answered by shivang3632
2

Answer:

since dollar has its own value but rupee keeps fluctuating according to dollar which is called gloating exchange.

Answered by shree2131
6

Answer:

As a result of the Bretton Woods Agreement, the U.S dollar was officially crowned the world's reserve currency, backed by the world's largest gold reserves. ... Needing a place to store their dollars, countries began buying U.S. Treasury securities, which they considered to be a safe store of money.

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