How does a country increase the value of its currency?
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Studied at the University of Melbourne, Lives in Melbourne, Australia.
This, in turn, results in rising revenues from exports, which provides increased demand for the country's currency (and an increase in the currency's value). If the price of exports rises by a smaller rate than that of its imports, the currency's value will decrease in relation to its trading partners.Mar 1, 2018
2023-06-12 13:54:24
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This, in turn, results in rising revenues from exports, which provides increased demand for the country's currency (and an increase in the currency's value). If the price of exports rises by a smaller rate than that of its imports, the currency's value will decrease in relation to its trading partners.Mar 1, 2018