rcookie

[I know when they revalue the price of a dinar is a dinar but the value rises, what will that do on buying power to the budget when this happens?]

THE BUDGET HAS AN OPERATIONAL SIDE AND INVESTMENT/ DEVELOPMENT SIDE WHOSE PURCHASING POWER WILL INCREASE WITH VALUE CHANGE…

MORE IMPORTANTLY IS (PPP) PURCHASING POWER PARITY RELATIVE TO EXCHANGE RATES BETWEEN COUNTRIES IN TRADE RELATIVE TO THE PURCHASING POWER OF EACH COUNTRY’S CURRENCY….

THIS IS WHY…YOU HEAR AN ECONOMIST TALK ABOUT THEIR CURRENCY VALUE NEEDING TO BE ON PAR OR ABOVE THEIR BORDER PARTNERS AND INTERNATIONAL TRADE PARTNERS…

Aggiedad77
BGG