Why does a currency appreciate?
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Works at the World Trade Organization, Lives in Geneva, Switzerland.
A currency appreciates as a result of increased demand for that currency on world markets, and its value in the world market increases. This increase in demand can occur for several reasons: When a country's exports are high, the buyers of these exports need its currency to pay for those exports.
2023-06-17 13:54:22
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Isabella Perez
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A currency appreciates as a result of increased demand for that currency on world markets, and its value in the world market increases. This increase in demand can occur for several reasons: When a country's exports are high, the buyers of these exports need its currency to pay for those exports.