@cate_comp
Cate πŸ‡°πŸ‡ͺ
1 year
@kafangi The United States Dollar(USD) is the world's reserve currency and no other currency has higher demand than the USD in the whole world. In layman's language, the U.S. economy is less vulnerable to changes in the value of its currency than other economies
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Replies

@kafangi
𝐉!𝐌𝐌𝐘
1 year
Niko na a very simple question What makes the USD strong over other currency,like nini hugauge currency kusema this currency is strong na hii ni weak ?
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@kafangi
𝐉!𝐌𝐌𝐘
1 year
@cate_comp Si saai Euro iko juu kuliko dollar
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@cate_comp
Cate πŸ‡°πŸ‡ͺ
1 year
@kafangi Value doesn't matter. USD doesn't fluctuate ovyo ovyo, it's very stable. it's that simple
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@LAWD_DRE
LAWD254!
1 year
@cate_comp @kafangi The US economy is less vulnerable to changes in the value of its currency than other economies? How is that?
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@cate_comp
Cate πŸ‡°πŸ‡ͺ
1 year
@LAWD_DRE @kafangi acha tuzungumuze kiswahili sasa. The us currency is the most stable in the whole world. It doesn't keep jumping jumping hence the world's reserved currency. If you cannot understand that, call yourself a kameeting, haha
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@SeedHope2
Seed Hope
1 year
@cate_comp @kafangi Can it be more layman than you've put it please?
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@cate_comp
Cate πŸ‡°πŸ‡ͺ
1 year
@SeedHope2 @kafangi Why do we use pi as 22/7 or 3.142, simply because it's a constant, right, and never changes right? In the world of currency, we are going to use the term fluctuation, together? The currency that almost never fluctuates is USD and hence used as a constant of other currencies
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@kwa_toa
Toa Sukuma Kwa MenoπŸ‡°πŸ‡ͺ
1 year
@cate_comp @kafangi Juu hao huprint madoo venye wanataka.
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@Mutethia_Ikiara
MUTETHIA_
1 year
@cate_comp @kafangi Less vulnerable because the fed has their underground bunker with money printers.
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@wanjikuKelvin5
wanjiku Kelvin
1 year
@cate_comp @kafangi Great but simple example... Amazing
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