Eli5, how can the the Chinese Yuan be cheap when they have a strong economy while Jordanian Dinar is the opposite?

636 views

Eli5, how can the the Chinese Yuan be cheap when they have a strong economy while Jordanian Dinar is the opposite?

In: 19

8 Answers

Anonymous 0 Comments

Gonna get this in here early because it is important.

The Dinar is pegged to the US Dollar. So if the US dollar goes up, so does the Dinar and vice versa.

This comes with many other problems but that’s the short answer.

You are viewing 1 out of 8 answers, click here to view all answers.