Why us dollar going up's ?.
This query is : Resolved
Yogesh Bansal
(Querist)
09 August 2011
Dear Experts,
i wanna know that why US dollar going up's while US economy going down rapidly?.
i wanna know that why US dollar going up's while US economy going down rapidly?.
Tushar Desai
(Expert)
09 August 2011
Dear Yogesh,
there are several reasons behind this trend:
1. Expectation of experts that slowdown of US economy is going to impact our economy also
2. Expectation of experts that interest rates in US will be increased to fight with the current situation.
3. Outward supply of money from US
there are several reasons behind this trend:
1. Expectation of experts that slowdown of US economy is going to impact our economy also
2. Expectation of experts that interest rates in US will be increased to fight with the current situation.
3. Outward supply of money from US
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