Posted January 25th, 2011
by admin
Sweet Dreams ◕‿◕ asked: Seriously? How do they figure this out?
I calculated the currency exchange for a bag of chips in India which were for 10 rupees, and that was like 21 cents in the USA. Let me just say that the potato chips bag was medium sized.
Tags: Currency Exchange Rate, People, Potato Chips
Posted in Economics | 3 Comments »
Posted December 14th, 2010
by admin
bigbadbob1969 asked: General information on the Internet highlights that as interest rates rise, as long as inflation is lower, that a currency tends to strengthen. However, with respect to the pound and the yen currently are there any other significant factors?
Tags: British Pound, Japanese Yen, Respect
Posted in Economics | 4 Comments »
Posted October 10th, 2010
by admin
Tags: Currency Exchange Rates, Currency Rates
Posted in Economics | 1 Comment »
Posted October 10th, 2010
by admin
Tags: China Currency, Currency Rate, Lot
Posted in Economics | 1 Comment »
Posted September 16th, 2010
by admin
illiterate asked: If 5 bucks of Country A = $1 and 1buck of country B= $5, which country is doing well?
Tags: Currency Exchange Rate, Currency Rate, Economy
Posted in Economics | 4 Comments »
Posted May 4th, 2010
by admin
Dina asked: Which of the following best explains what happens to the exchange rate of a floating currency?
A. The exchange rate for that currency changes depending on the operations of the free market.
B. The exchange rate for that currency goes up and down with the price of gold.
C. The exchange rate for that currency is determined by changes in the value of the U.S. dollar.
D. The exchange rate for that currency increases or decreases depending on the size of the country’s GDP.
Tags: Exchange Currency, Gold C, Price Of Gold
Posted in Economics | 1 Comment »
Posted April 27th, 2010
by admin
cidyah asked: OK, we see that $1 US = $0.9 AUD etc and it keeps changing everyday. How is it actually determined and who decides what it should be? Serious replies only please.
Tags: Currency Exchange Rates, Currency Rates
Posted in Economics | 1 Comment »
Posted April 18th, 2010
by admin
amburr asked: I have 100 Banco Central do Brasil dollars and I would like to exchange it for US money. I checked and it said that it is equal to $56 US dollars. Will it ever be worth more than $56 or could it possibly decrease in value? When does the the currency rate change? Thank you for your time. I really appreciate your explanations.
Tags: Banco Central, Currency Change, Currency Rate
Posted in Economics | 6 Comments »
Posted April 18th, 2010
by admin
John asked: Assuming the world interest rate remains the same at 3%, the increase in the budget surplus will lead to:
I. An increase in the demand for dollars
II. An increase in the supply of dollars
III. An increase in the quantity of net exports
IV. Appreciation of the dollar
A. I and IV only
B. I, II, III, and IV
C. II, III, and IV only
D. II and III only
Tags: Dollar, Foreign Currency Exchange, World Interest
Posted in Economics | 2 Comments »
Posted March 11th, 2010
by admin
Mu G asked: If we’re talking in U.S dollars, How much would one dollar be in the U.K (in pounds)
Tags: Currency Exchange
Posted in Economics | 2 Comments »