Tuesday, March 8, 2011

Why do currency rates go up?

hey i dont know much about economy, so i wanted to know why is it that the amount of currency for lets say 1$ was different in 1900 and a hell lot more now? suppose hypothetically in India lets say 30 years ago i could by a car for Rs.20,000 but now we need atleast a lakh. Why the change?

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