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How does increase in interest rates affect currency 2024?

Ethan Taylor | 2023-05-07 11:14:55 | page views：1401
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Julian Hall

Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
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.
2023-05-11 11:14:55
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Isabella Hall

QuesHub.com delivers expert answers and knowledge to you.
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.
macroeconomics - How interest rate affects currency - Economics ...
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