1. how does a stronger currency promote domestic consumption?
2. why is consumption (even of imports) good?

I am an NRI and would like to send money from Gulf to India. And would like to know the ideal time as the currency is getting stronger now.

Does anyone know how long the pound has been the strongest currency? Has the USD ever been stronger?

I want to know the history, and for whatever reason it’s not easy to find.

is there an agreemnet between the countries?
other currencies are at the marcy of the market. japanese yen has been buying , rose by 50%, which definitly hampered their economic growth, its economy is still at the bottom,

china’s econmy has been robust, because of its cheap labour, government’s strong initiative, artificialy low currency. why only China has been pampered ?

I’m doing a spanish project and i need to tell if the currency in cuba is strong or not. It doesnt have 2 b long but please answer! thanx!

Necessarily not. . . but what are the dynamics that work behind determining how strong or weak a currency is?
by weaker currency i mean that it reflects a weaker economy…

A strong currency is bad for exporting, and that’s how countries make their money right? So why does Britain insist on retaining the pound?

p.s. I’m British and I like the pound but really…

Would weaking dollar mean strong currency of all other nations of world like indian rupee, euro, yen ?
what does statement mean "$ weakness is raising gold prices due to hedging effect. " how?
Please answer ALL my questions…thanks

Since my card doesn’t charge foreign transaction fees, I assume I should choose whichever currency is stronger? Or should I normally choose the local currency assuming that the credit card will give me a better transaction rate than the local merchant?
So I should pay in US dollars, then and let my credit card company sort it out?

Assumption being local merchant who wants me to pay in local currency may not give me as favorable a rate as my cc company?

How can it be sygnificant that a counties currency isn’t worth as much as another countries?

What does this really mean, and how does a country get their currency to be stronger?