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What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
What is the relationship between Interest rate parity with exchange rate?
Exchange rate is the rate at which one country's currency is changed for another country's currency. For example the rate at which one dollar can be changed for pound sterling or any other currency.
What are the currency exchange rates for the USD?
The currency exchange rate for the U.S. dollar depends on the worth of currency for each country. Currently the exchange rate of the U.S $1 is equal to .75 Euros. For the British pound it is .66.
What is currency exchange rate?
currency exchange rate means values between two other countries currency. For example, the value of indian rupee againts one US dollar is 60.64
What is the current dollar for foreign currency exchange rate?
Against what currency?
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What happens when a currency is pegged to the U.S dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
Where can you exchange Philippine currency to US dollars?
how much is the currency exchange rate of philippine peso to u.s. dollar
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
What is the relationship between Interest rate parity with exchange rate?
Exchange rate is the rate at which one country's currency is changed for another country's currency. For example the rate at which one dollar can be changed for pound sterling or any other currency.
What are the currency exchange rates for the USD?
The currency exchange rate for the U.S. dollar depends on the worth of currency for each country. Currently the exchange rate of the U.S $1 is equal to .75 Euros. For the British pound it is .66.
What is currency exchange rate?
currency exchange rate means values between two other countries currency. For example, the value of indian rupee againts one US dollar is 60.64
What is the unit of currency and its exchange rate per US dollar in France?
In France the Euro is used. Its exchange rate per 1 US dollar is 0.68 Euros
What is the exchange rate of the us dollar and the Canada's currency?
The currency exchange rate for December 3, 2009 is:1.00 Canadian Dollar (CAD) = 0.95 US Dollars (USD)1.00 US Dollar (USD) = 1.05 Canadian Dollars (CAD)
What is the currency exchange rate in Venezuela?
There is no way to determine one currency's exchange rate. To find out what is the value of one currncy it has to be compare to another currency. For example, you can check what is the exchange rate of the Venezuela currency (VEF) in comparison the US Dollar (USD). Currently the USD/VEF is worth 4.2945
What is the NZD exchange rate to the USD?
The currency exchange for New Zealand and the United States fluctuates. The current exchange rate is one New Zealand dollar to roughly eighty cents in United States currency.
