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  • Category: Miscellaneous

    Phillipinees peso value more than Indian rupee value in a decade!

    At one point of Time Philipimes peso value is 0.45 against Indian INR after a decade it is more than INR,Now the present value is 1.52 Indian Rupee.It shows how the country developing.?!
  • #782955
    Philippines is considered one of the most corrupted country in the world as pear world Centre for Corruption reports

  • #782983
    Japanese Yen is equal to 0.59 INR. Is Japan not better than India? These all things alone don't define a country economy.
    Humble yourself or life will do it for you!

  • #782984
    Due to exports of goods Japanese (Yen) will decrease its own yen value. It depends up on definitely on economy of the country. You can Google it or ask an economist.

    Currency value is primarily determined by supply and demand in the foreign exchange market, which is influenced by various economic and political factors. These factors include interest rates, inflation, political stability, trade balances, and the overall economic performance of a country.

    Supply and Demand:
    The fundamental principle is that the value of a currency rises when demand for it increases, and falls when demand decreases.
    Interest Rates:
    Higher interest rates tend to attract foreign investment, increasing demand for the currency and thus raising its value.
    Inflation:
    High inflation erodes a currency's purchasing power, making it less attractive to investors and potentially lowering its value.
    Political and Economic Stability:
    A stable political environment and a strong economy generally lead to higher confidence in the currency, increasing its demand.
    Trade Balance:
    A country with a trade surplus (exports more than imports) tends to see an increase in demand for its currency, potentially strengthening its value.
    Government Policies:
    Central banks can influence currency value through monetary policies, such as adjusting interest rates or intervening in the foreign exchange market.
    International Factors:
    Global events, such as economic crises or geopolitical tensions, can also affect currency values.


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