why Japan currency is lower then nepal currency?
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This entry was posted on Thursday, July 2nd, 2009 at 8:55 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
July 2nd, 2009 at 8:55 am
Dunno.Their currency may be low but they’re rich.
July 2nd, 2009 at 8:55 am
Since the 1990s, the Bank of Japan, the country’s central bank, has kept interest rates low in order to spur economic growth. Short-term lending rates have responded to this monetary relaxation and fell from 3.7% to 1.3% between 1993 and 2008. Low interest rates combined with a ready liquidity for the Yen prompted investors to borrow money in Japan and invest it in other countries (a practice known as carry trade). This has helped to keep the value of the Yen low compared to other currencies.
July 2nd, 2009 at 8:55 am
Because Nepal has shail roti and japan dont have.
July 2nd, 2009 at 8:55 am
there is no velu for money
July 2nd, 2009 at 8:55 am
No, Japan currency is not lower then Nepal currency even Nepal currecy is also lower then indian currency.
There is no doubt that nepal currency is lower then japan currency.