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What causes a currency to be strong or weak?

Penelope Russell | 2023-06-11 13:54:28 | page views：1599
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Amelia Martin

Studied at the University of Cape Town, Lives in Cape Town, South Africa.
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.Dec 1, 2011
2023-06-11 13:54:28
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Daniel Lee

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.Dec 1, 2011
What Determines The Strength Of A Currency? - Forbes
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