What's behind the rise and fall in a currency's value? We all know that the rupee touched a historic low and fell below the 80 mark to a dollar recently. But who decides what the rupee's value is - and what are the factors that affect it? Moreover, what can central banks of countries do to ensure that they provide a cushion against global factors? All the answers in this comprehensive video above!
The increased importance of cryptocurrency peculiar to the recent several years contributed to significant attention devoted to the investigation of this potentially beneficial means of payment. At the same time, there are also numerous attempts to oppose it to the traditional options such as precious metals and fiat money that have been used for a long period. In this regard, the paper delves into the peculiarities of cryptocurrency and its production regarding the stable popularity of other means of payment. Bitcoin is taken to investigate factors that impact the market and forces that might contribute to the increase or decrease of their potency. At the same time, the paper revolves around precious metals and fiat risks as the modern alternative and factors affecting the sphere. Perspectives associated with these means are discussed, probabilities for financing and benefits are also revealed. At the end of the paper, the conclusion is made.
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