Write a paper that addresses the following issues: What is the importance of exchange
Write a paper that addresses the following issues:
- What is the importance of exchange rates?
- Who benefits and who loses when a country’s currency appreciates?
- Who benefits and who loses when a country’s currency depreciates?
- In the long run, what are the major factors that impact exchange rates?
Understanding central banks impact exchange rates, select three central banks and demonstrate/ explain how this occurs.
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Unlike appreciation, depreciation is brought forth in the event when the people’s demand for the currency is lower than the supply of the currency; there is too much money circulating in the economy. The depreciation will be brought about by different factors which include a decrease in……………………………….
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