Doller
This query is : Resolved
jyoti suresh potle
(Querist)
26 July 2012
Sir plz. tell no What is appreciation of the doller & what r the causes, effect & remedies of that.
Plz. reply fast
Thank u.
Plz. reply fast
Thank u.
Ishan Shah
(Expert)
26 July 2012
Doller value goes up and and other currency under valuated, at that time importer stand at loss position and exporter stand at gain position, as importer need to make payments in used then he need to purchase at high rate and then importer can make payments whereas in case of exporter will received in usd and when exporter will convert in home currency then will get more...hope this is sufficient..
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CA. Vikash Dwivedi
(Expert)
26 July 2012
when one has to pay more local currency for the same amout of Dollar as compared to immediate previous instance of $/LC.
the key factor of appreciation of particular currency is demand and supply. when that currency is more demanded than supply it appreciates.
the key factor of appreciation of particular currency is demand and supply. when that currency is more demanded than supply it appreciates.
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