kaya asked: Imagine I create a new country. How do I assign a value to my currency? Can it be just any arbitrary value? Pretty much what ever is most convenient, without worrying about the rest of the world. Or is there more I have to put into consideration? And how do I determine the [...]
Brianman3 asked: Let’s say the dollar would be replaced with the Amero, as I hear every so often. (This is not an argument about whether it will happen, but what happens if.) Would my dollars in the bank be replaced with Ameros? When Ameros come out, will they be worth the exact same as dollars [...]
johnmathers12 asked: As we all know, China’s currency is tied somewhat illegally to the USD which greatly skews America’s trade deficits and many professionals say has caused a lot of global economic problems… But how bad would it be for China if they actually suddenly let up on this policy? Sources would be appreciated. It [...]
Nicole asked: OK so today i heard about some meeting with a bunch of important people and it had something to do with them meeting about the failing economy and about a one world currency. And i heard that they want to start the one world currency thing in 2010. Well that’s good and all [...]
imetaller asked: For example, i live in Norway, and not long ago it was 7 kroner for 1 american dollar, and now it’s only about 5 kroner for one american dollar. How does someone determine how much a currency is worth?
Michael M asked: I notice that I sometimes get Canadian coins as change. My question: If the federal reserve note is the current USA currency why do people use Canadian coins and does the coins have any value for trade in the USA?
Greg S asked: I would like to know how to make money with Forex or currency trading. Does anybody have experience and willing to share a couple of tips ?
TuTu asked: Hi, On 8Jun, I got a USD/MYR currency exchange rate of 3.5460 through http://www.xe.com/ict/, however when I referred to the historical data in other website such as: http://www.fxstreet.com/forex-tools/rate-history-tools/ and other websites illustrated by graphs, neither of them showed 3.54. So just wondering is it possible that a rate will be ignored only because [...]
Tim asked: With the USD sinking to new lows on a regular basis, what can we expect for the greenback? Will it continue to go on this trend or make a comeback? Also will a new president in office change things for the currency? What is likely to happen?
