Answer to Question #179441 in Marketing for Kaju

Question #179441

Describe how the prevailing interest rates in a country affect its exchange rates with the currency of its major trading partner.


1
Expert's answer
2021-04-12T14:10:46-0400

Prevailing interest rates in the country often decreases the purchasing power and capital gains from any returns. Exchange rates influences various income factors such as inflation, interest rates, and capital gains from domestic securities.



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