HOW CURRENCY DEVALUATION DAMAGES THE ECONOMY?

HOW CURRENCY DEVALUATION DAMAGES THE ECONOMY

Devaluation of the currency occurs when the value of the currency falls down in comparison to the dollar value. This impacts the economy at both macro and micro levels. It is important for the state to keep a stable performance at international markets so that that falling value of the currency […]

WHY DEVALUATION OF CURRENCY IS IMPORTANT?

WHY DEVALUATION OF CURRENCY IS IMPORTANT

The falling value of the currency does not only damage the economy but it has positive impacts as well. Countries like China intentionally devalue their currency in comparison to the US dollar to keep their exports competitive in the market. Devaluation of the currency is also done by the central banks […]

WAYS TO IMPROVE ECONOMY:

WAYS TO IMPROVE ECONOMY

The modern era is like a race of different economies. There are strong economies possessing higher positions and there are countries with slow economies, struggling for economic growth. The economy is a very important aspect of development. It has become crucial for nations to stabilize their economies in order to create […]

PROBLEMS FACED BY REMITTANCES:

ROBLEMS FACED BY REMITTANCES

No doubt, remittances have a crucial role in the uprising of economic growth, especially for developing countries. Developing countries are more exposed to poverty and during a crisis situation; remittances play a vital role in returning to stable conditions. Today, the topic of remittances is of great interest to the researchers […]

HOW REMITTANCES CAN BE SENT?

HOW REMITTANCES CAN BE SENT

Are you searching for a way to send money to your family? If you are one if the billions of foreign workers who are working abroad to support your family then you surely will need a way to send money. It is no more a matter of worry. You would find […]

IMPORTANCE OF US DOLLAR:

IMPORTANCE OF US DOLLAR

Today, the world is practising foreign trade in exchange for dollars. it is a reserve currency. After the Second World War, according to Bretton Woods plan, countries agreed upon a fixed rate of exchange for all currencies to the US dollar. US dollar is also the new gold standard. The global […]