Solved

USD getting stronger - reason?

Posted on 2012-04-12
2
114 Views
Last Modified: 2012-04-18
what is the trend/reason behind the USD getting stronger the last few weeks?
0
Comment
Question by:25112
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
2 Comments
 
LVL 5

Accepted Solution

by:
Carlisle_Agent earned 250 total points
ID: 37838207
Value of the USD is mostly affected by the US Economy. The stronger the economy, the more valuable the currency is in comparison to other currency (other countries money). Voting Ron Paul. GG Thx
0
 
LVL 11

Assisted Solution

by:speed_54
speed_54 earned 250 total points
ID: 37841695
Economic and political conditions dictate the relative strength of the dollar against other currencies. As these conditions unfold, a dollar will be worth more of another currency (strengthens) or be worth less (weakens). For example, if one U.S. dollar is equal to 115 Japanese yen and the dollar strengthened, you might then be able to get 117 or 119 for the same dollar. In the same way, a weakening could drive the exchange rate down to 111, 110 yen per dollar.
Also raising the percentage that a central bank or monetary authority charges on loans to commercial banks strengthens a nation's currency because it raises the returns on deposits in a given currency in relation to other currencies, as well as signaling growth in the economy and a decline in inflation. The Federal Reserve raises or lowers the percentage to influence national savings, investment, employment, inflation and the exchange rate.
0

Featured Post

Free Tool: Port Scanner

Check which ports are open to the outside world. Helps make sure that your firewall rules are working as intended.

One of a set of tools we are providing to everyone as a way of saying thank you for being a part of the community.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Suggested Solutions

Title # Comments Views Activity
telephony Question - Can anyone recommend a solution? 1 95
IT Helpdesk e-mails sample 3 32
List out file 4 37
Search all sub-folder 4 46
Since 2008, the stock markets have been in a haphazard state of fluctuation. At times it has been a steep decline (2008) and at others, a steady incline full of promise (2010). Just weeks ago, in August 2011, together we saw the stock markets plunge…
This story has been written with permission from the scammed victim, a valued client of mine – identity protected by request.
Articles on a wide range of technology and professional topics are available on Experts Exchange. These resources are written by members, for members, and can be written about any topic you feel passionate about. Learn how to best write an article t…
Where to go on the main page to find the job listings. How to apply to a job that you are interested in from the list that is featured on our Careers page.

749 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question