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Q.

How is the value of currency is determined for a particular country?

Tags: particular country, value of currency
Asked by amalendra nath, 03 Oct '07 08:10 am
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Answers (2)

1.

Currency values are illusion.Real value of any currency is honest administration, natural recources of nation and dedication to improvement and quality of life of nation.This is true value, rest all values are for bankers who are sharks and live on human misries.
Answered by surendra kapoor, 03 Oct '07 08:21 am

 
  
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2.

The most quoted number is the rate at the Interbank Foreign Exchange Market, where currency is traded just like shares in a share market
an over- or under-valued currency is determined by comparing the enxchange rate with the Purchasing Power Parity (PPP) Exchange rate

http://en.wikipedia.org/wiki/Purchasing_...
Answered by Jack Johnson, 03 Oct '07 08:14 am

 
  
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