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.
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Low value currency.
Albert Janik- Posts : 79
Join date : 2017-06-01
- Post n°2
Re: Low value currency.
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