Manmadha Murthy Okkasari Dengu plzz Ra.........
Friday, 16 September 2011
Manmadha Murthy Okkasari - Srungara Kathalu Telugu
The United States dollar, the euro, the New Zealand dollar, the Swiss franc, the Indian rupee, and the Australian dollar were the only currencies used by other countries for official dollarization. Dollarization occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency. The term is not only applied to usage of the United States dollar, but generally to the use of any foreign currency as the national currency.Official dollarization has gained prominence as several countries have considered and implemented it as official policy. The major advantage of dollarization is promoting fiscal discipline and thus greater financial stability and lower inflation. In addition, the Turkish lira, the Israeli shekel, and the Russian ruble are used by internationally unrecognized but de facto independent states.
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