If the "connect" the value of money is to maintain its value by the government in question at a fixed rate to another currency. For example, in 2003, it was linked to the British pounds to U.S. dollar.
Friday, 8 July 2011
Currency Exchange
If the currency is freely floating exchange rate against other countries may differ in relation to other currencies. In fact, these exchange rates are subject to change almost constantly quoted by the financial markets and banks around the world.
If the "connect" the value of money is to maintain its value by the government in question at a fixed rate to another currency. For example, in 2003, it was linked to the British pounds to U.S. dollar.
If the "connect" the value of money is to maintain its value by the government in question at a fixed rate to another currency. For example, in 2003, it was linked to the British pounds to U.S. dollar.
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