us dollars is the foreign currency option that is the right but not the obligation to buy foreign currency.
which foreign currency option is the​ right but not the​ obligation to buy foreign​ currency?
us dollars
foreign exchange option









































in finance, a foreign exchange option (commonly shortened to just fx option or currency option) is a derivative financial instrument that gives the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date. see foreign exchange derivative.
foreign exchange option
the cause of the immense acceleration of prices seemed unclear and unpredictable to those who lived through it, but in retrospect, it was relatively simple. the treaty of versailles imposed a huge debt on germany that could be paid only in gold or foreign currency. with its gold depleted, the german government attempted to buy foreign currency with german currency, equivalent to selling german currency in exchange for payment in foreign currency, but the resulting increase in the supply of german marks on the market caused the german mark to fall rapidly in value, which greatly increased the number of marks needed to buy more foreign currency.
hyperinflation in the weimar republic