How the American Dollar impacts India

Essay specific features

 

Issue:

Business

 

Written by:

Robert H

 

Date added:

December 20, 2013

 

Level:

 

Grade:

A

 

No of pages / words:

13 / 3482

 

Was viewed:

5191 times

 

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Essay content:

This is due to the fact that the dollar has been the world's most dominant currency in the past 65 years. The major currencies in the market today are always measured against the dollar. For example, the value of the Euro, its strengthening or weakening is measured relative to the American dollar. The reason for the dollar to be such a strong market force in the foreign exchange market is due to its reserve currency status, which makes it the most widely distributed and used currency...
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For example, the value of the Euro, its strengthening or weakening is measured relative to the American dollar. The reason for the dollar to be such a strong market force in the foreign exchange market is due to its reserve currency status, which makes it the most widely distributed and used currency...
displayed 300 characters

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