Overview
Exchange rate determinants are essential for understanding how currencies fluctuate in value. Factors such as interest rates, inflation, political stability, and economic indicators play a crucial role in determining exchange rates. By analyzing these determinants, individuals and businesses can mak...
Key Terms
Example: The exchange rate between the US dollar and the euro.
Example: High inflation can decrease currency value.
Example: Higher interest rates can attract foreign investment.
Example: A growing GDP can strengthen a currency.
Example: Countries with political stability often have stronger currencies.
Example: High demand for a currency can increase its value.