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Version 2
Last scraped
Scraped on 29/04/2025, 15:46:54 UTC
So how do you think the strength of a country's currency help to boost economy of that country?
In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade. It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.
So I have brought list of 10 highest valued currencies in the world for now
[REMOVED IMAGE] 
So those their strength also reflect on their country's economy?
In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade. It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.
So I have brought list of 10 highest valued currencies in the world for now
So those their strength also reflect on their country's economy?
Version 1
Scraped on 29/04/2025, 15:22:06 UTC
So how do you think the strength of a country's currency help to boost economy of that country?
In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade. It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.
So I have brought list of 10 highest valued currencies in the world for now
[REMOVED IMAGE]
In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade. It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.
So I have brought list of 10 highest valued currencies in the world for now
Original archived 10 highest valued currencies in the world
Scraped on 29/04/2025, 15:16:53 UTC
So how do you think the strength of a country's currency help to boost economy of that country?
In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade. It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.
So I have brought list of 10 highest valued currencies in the world for now
In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade. It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.
So I have brought list of 10 highest valued currencies in the world for now