Views Collection

For the past few months or so the value of dollar is going down and there is no stopping I should say. As far as I have read and heard of the downfall of the dollar in the international monetary market is that China is responsible of it. China has been implying such a trade policy that the value of dollar is going down. Due to this general inverstors are more interested in investing in gold rather than in dollars. At some time the value of dollar was priced at 79 or so in Nepal but now it has decreased to 65 NRS. The investment in gold rather than in dollars or US based companies has proved the inverse relation between the gold and dollar in Nepal. This is why the price of gold is soaring in Nepal. The americans however have not been able to rectify this error.