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Most users ever online was 74 on Wed Nov 23, 2016 10:47 pm


    Low value currency.

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    Lucas Yuen

    Posts : 22
    Join date : 2017-04-24

    Low value currency.

    Post  Lucas Yuen on Thu Apr 27, 2017 4:48 am

    A currency that has a low value encourages exports and discourages imports. This is because goods sold overseas for higher value currencies are worth even more than their face value solely because of the currency value. Conversely, there is little incentive for importers to bring goods into a country, and if they do, importers must mark these goods up in order to recoup their losses due to the low currency rate. I am trading currency and making good money via ECNCAPITAL.COM.

      Current date/time is Fri Jul 28, 2017 4:50 pm