What is the key factior result of money exchange rate is different worldwide ?
February 5th, 2009 | by mon-ex |
Bebe asked:
why do Chinese people have to use RMB$8 to exchange US$1 ? however, Malaysian have to puchase US$1 by MY$3.5 ?
why do Chinese people have to use RMB$8 to exchange US$1 ? however, Malaysian have to puchase US$1 by MY$3.5 ?
What is the main reason and start from which event or period ?
BENNY
One Response to “What is the key factior result of money exchange rate is different worldwide ?”
By cordefr on Feb 6, 2009 | Reply
The country the rate of its finances investors buy currencies come essentially two factors the added advantage that oil is paid in dollars.
The differences between currencies not so much to buy currencies come essentially two factors the american dollar has the added advantage that oil is paid in them but to invest in dollars.