Why Different Currencies Have Different Values?
13:02
YouTubeExplains 101
Why Different Currencies Have Different Values?
Ever wondered why $1 isn’t the same as 1 euro, 1 yen, or 1 dong? In this video, we explore why different countries have distinct currencies with varying values and why exchange rates fluctuate constantly. Discover the reasons behind currency value differences including the shift from the gold standard to fiat money, and factors like supply ...
1.8M viewsSep 17, 2024
Japanese yen Exchange Rate
The price of rice in Japan has more than doubled in the past year. While some are blaming the shortage on the influx of foreign tourists, Ethan Wu, our Asia business and finance editor, explains why it is really Japan’s broken production system that is to blame. Read why things are getting desperate for the Japanese government. | The Economist
0:28
The price of rice in Japan has more than doubled in the past year. While some are blaming the shortage on the influx of foreign tourists, Ethan Wu, our Asia business and finance editor, explains why it is really Japan’s broken production system that is to blame. Read why things are getting desperate for the Japanese government. | The Economist
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