Q. What can be the reasons for fluctuating rates of the USD?
What can be the reasons for fluctuating rates of the USD?
I am willing to know about the cause of recent up-down in the rate of the USD.
Asked in CategoryCurrency
The strength of currency is a sign of strong nation. It is not known for sure since when money came into use, but in the records of history there are several proofs of its early existence. Units of currency have relative valuation in correspondence to other currencies. Money is of significant importance to an economy due to its involvement in the day to day life of people. A consumer, producer, businessman or a beggar cannot spend a single day without indulging in monetary exchange.
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