why every country has different currency

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why every country has different currency

asked by Anonymous User in history, politics & society

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Different countries have different currencies because the rate of inflation in several countries tends to vary . Inflation rates are adjusted through currency appreciation/depreciation. this is often the essential theory, called Purchasing Power Parity (PPP), behind determining the worth of the rate of exchange .
answered 5 years ago by Palak Anjum

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