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What are the advantages of multi currency?

Anonymous

∙ 14y ago

Updated: 10/16/2024

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advantage and disadvantage of having common currency

What are the advantages and disadvantages of Currency Appreciation?

Disadvantages of currency appreciation is makes the exports of the domestic economy less competitive in the world markets

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What are the advantages of a stable currency?

Advantages of a stable currency can include lower borrowing costs and low inflation. A better economy and more investing are other advantages of stable currency. Stability creates confidence. It also allows for better planing as the problem of widely fluctuations in these markets keeps investors away leading to the possibility of even more instability. It's not always clear why this can lower borrowing costs.

What are the advantages of the United Kingdom joining the European Union?

The UK is already in the EU, however, they have kept pounds sterling as the currency.

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Multi Currency AnswerContact Cristian at operationsleader@yahoo.com Agent that will help educate you on multi currency investments.Free.The Swiss franc is the most stable but you may also want to consider the option of the Japanese Yen. The Yen is somewhat volatile, but most definitely the lowest interest rate available. There are alot more pro's and con's to both. There are also uses to swapping to other currencies. Email for my help.Cristian

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