1) Where is currency manufactured?
Paper currency is manufactured in the US in either Washington D.C. or Fort Worth, TX at the Bureau of Engraving and Printing's locations in each respective city.
Coins are manufactured for general use at either the Denver or Philadelphia Mints. Each coin minted today will have a P or D mark indicating which mint stamped the coin.
2) What factors determine the value of the currencies
This is very complicated, as you deal with many Macroeconomic concepts such as interest rates, price levels etc which can affect the value of a currency.
In a general sense, supply and demand dictates the value of a currency. If more people want the US dollar (to buy goods, securities, etc) then the price will go up.
If the US keeps printing money to add to the economy, the supply of US dollars available will increase and that will lower the value of the US dollar.
Currency value can be influenced by interest rates, trade deficits, economic stability and many m any many other factors.
I have listed an excellent article below that explains the basics in a nutshell. I hope that helps...
2006-08-06 19:17:21
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answer #1
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answered by Jesse 4
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the cost of a countries forex is determined by ability of quite a few element besides the very incontrovertible fact that in easy words 2 are worth pointing out it. One, only placed, is provide and demand. the utmost traded currencies are the dollar, Euro, and Yen. they have a severe change price because they administration their marketplace zones and all international banking transactions are carried out in that forex. the second one is an oblique relationship to investments and a 'probability united states of america element.' The better investments and the the better letter grade (A being the utmost) get carry of by ability of a rustic also help be certain the cost of it really is forex. GDP besides the very incontrovertible fact it incredibly is a element, has little to do with the actual value of forex change. The Yen isn't valued low in any respect, in evaluation the dollar is less costly compared to the yen. the rationalization that $a million is worth 118.31 is with the aid of inflation in Japan.
2016-11-23 13:46:29
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answer #2
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answered by speelman 4
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Mint,General acceptibility.
2006-08-06 22:14:25
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answer #3
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answered by J.SWAMY I ఇ జ స్వామి 7
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There are links to explain on the page below
2006-08-06 20:00:03
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answer #4
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answered by Frank B 2
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I have already tried to rob the mints, it doesnt work, i would reccomend tring to roblaundromats
2006-08-06 19:40:20
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answer #5
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answered by Kareem W 2
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U have the Philly, Penn. and Denver mints. That is why u have a P or a D on your coins.thats all i know.
2006-08-06 19:07:29
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answer #6
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answered by amac79 2
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