jody4000 jody4000
  • 06-03-2017
  • Social Studies
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When the dollar "rises" compared to other currencies, this means

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TheDrifter
TheDrifter TheDrifter
  • 06-03-2017
From what I understand, you mean when the dollar's value increases on the open market. This means that it takes more of a currency to get to 1 USD. Take Thai Baht for example (THB). Typically, it takes approx. 30 THB to get to 1 USD. So when the value of the USD rises, it can take up to 36 THB to get to 1 USD. Make sense?
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