Factors That Influence Exchange Rates
Apart from factors like interest rates and inflation, the currency exchange rate is one of the most significant factors that are commonly used to determine the state of health of a country’s economy. Exchange rates contributes immensely to the amount of trades that goes on in the country and this a very significant factor for the global free market economy. Because of this, exchange rates are one of the key factors that are frequently investigated, analyzed and manipulated through the government policies. In this article, we are going to look at the most important factors that contribute to the change in exchange rate. (more…)
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