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What makes a country's currency strong 2024?

Gabriel Martin | 2023-05-07 14:28:07 | page views：1061
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Benjamin Wright

Works at Apple, Lives in Cupertino, CA
Speaking of stability, that is probably what governments seek for their currencies, more so than strength. A strong currency makes a country's exports more expensive, hurting that nation's trade competitiveness. On the other hand, a weak currency makes imports more expensive, boosting domestic inflation.
2023-05-16 14:28:07
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Lucas Turner

QuesHub.com delivers expert answers and knowledge to you.
Speaking of stability, that is probably what governments seek for their currencies, more so than strength. A strong currency makes a country's exports more expensive, hurting that nation's trade competitiveness. On the other hand, a weak currency makes imports more expensive, boosting domestic inflation.
What Determines The Strength Of A Currency? - Forbes
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