On. Yu. Mamedov. Modern economics (№ 464714)
To carry out a full-fledged process of foreign economic activity, any modern state must own a certain reserve of foreign currencies. Currency convertibility is the ability of a currency to serve as a means of payment in any country. As a rule, the higher the inflation rate and the level of bank rates, the lower the purchasing power of the national currency.
№ 464714 Added
Viker 19-03-2024 / 12:31
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