Why do currency depreciates 2024?
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Studied at the University of Melbourne, Lives in Melbourne, Australia.
Easy monetary policy and high inflation are two of the leading causes of currency depreciation. ... Additionally, inflation can lead to higher input costs for export which makes a nation's exports less competitive in global markets, which will widen the trade deficit and cause the currency to depreciate.
2023-05-02 17:06:06
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Samuel Hernandez
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Easy monetary policy and high inflation are two of the leading causes of currency depreciation. ... Additionally, inflation can lead to higher input costs for export which makes a nation's exports less competitive in global markets, which will widen the trade deficit and cause the currency to depreciate.