Archive for category Economics
what is currency redecimalisation?How does it affect its value?
jubilee i asked:
If a currency has been exchanging 120 to 1$ and now due to redecimilisation it now exchange for 1:1, how does it affect its value, the value of goods and services, the value of money in the bank and in other forms say shares/stocks value?
Yvonne
If a currency has been exchanging 120 to 1$ and now due to redecimilisation it now exchange for 1:1, how does it affect its value, the value of goods and services, the value of money in the bank and in other forms say shares/stocks value?
Yvonne