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What does it mean if the exchange rate rises 2024?

Zoe Martin | 2023-05-07 11:15:18 | page views：1442
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Isabella Rivera

Studied at the University of Buenos Aires, Lives in Buenos Aires, Argentina.
A strong dollar or increase in the exchange rate (appreciation) is often better for individuals because it makes imports cheaper and lowers inflation. ... The weak dollar means foreign countries and individuals can now purchase more American currency with less of their currency.
2023-05-14 11:15:18
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Riley White

QuesHub.com delivers expert answers and knowledge to you.
A strong dollar or increase in the exchange rate (appreciation) is often better for individuals because it makes imports cheaper and lowers inflation. ... The weak dollar means foreign countries and individuals can now purchase more American currency with less of their currency.
Currency Appreciation & Depreciation: Effects of Exchange Rate ...
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