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What happens to the dollar when interest rates rise 2024?

Lily Carter | 2023-05-07 11:15:14 | page views：1434
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Charlotte Scott

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
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.
2023-05-16 11:15:14
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Zoey Adams

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.
How do changes in national interest rates affect a currency's value and ...
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