What happens to the value of the dollar when interest rates rise 2024?
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Works at the International Criminal Court, Lives in The Hague, Netherlands.
The higher interest rates that can be earned tend to attract foreign investment, increasing the demand for and value of the home country's currency. Conversely, lower interest rates tend to be unattractive for foreign investment and decrease the currency's relative value.
2023-05-08 11:14:46
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Sophia Cooper
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The higher interest rates that can be earned tend to attract foreign investment, increasing the demand for and value of the home country's currency. Conversely, lower interest rates tend to be unattractive for foreign investment and decrease the currency's relative value.