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A country experiences hyperinflation when?
its currency loses value at the same time prices increase.
What is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
What is it called when the value of currency goes down called?
it is called deflation
When does a country experience hyperinflation?
When its currency loses value at the same time prices increase.
Why is money called currency?
Because it stores value
A country experiences hyperinflation when?
its currency loses value at the same time prices increase.
A depreciation in the external value of the currency is likely to...?
increase inflation
What is value of money called?
Currency?
What is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
What is banking money appriciation?
An increase in the value of one currency with respect to another.
What is it called when the value of currency goes down called?
it is called deflation
How does a currency appreciate?
An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates; a unit of one currency buys more units of another currency.
What will happen to the import if the exchange rate increase?
Usually, the currency will depreciate (lose value).
When does a country experience hyperinflation?
When its currency loses value at the same time prices increase.
Why is money called currency?
Because it stores value
What is fx currency trading?
"Forex currency trading operates very similarly to traditional stock market trading, only instead of stocks, you purchase foreign currency. Since the value of currency is constantly changing, you purchase a currency with the hopes that the value will increase and you will make a profit."
What is the measure to bring down the value of currency by a country against foreign currency called?
demonetisation
