Overview
Currency appreciation is a significant economic phenomenon that occurs when a currency increases in value relative to others. This change can have profound effects on a country's economy, influencing trade balances, inflation rates, and foreign investment. Understanding these impacts is crucial for ...
Key Terms
Example: The US dollar is a widely used currency.
Example: The exchange rate between the euro and the dollar.
Example: A trade surplus occurs when exports exceed imports.
Example: High inflation can erode purchasing power.
Example: Deflation can occur during a recession.
Example: A US company investing in a factory in India.