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telo118 [61]
3 years ago
5

When the dollar "rises" compared to other currencies, this means

Social Studies
1 answer:
butalik [34]3 years ago
3 0
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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