Determine the effect of the following factors on changes in currency exchange rates, providing examples using the rate of exchange between two currencies. How might this information be used if you were travelling to a foreign country?
Many factors affect currency exchange rates. Determine the effect of the following factors on changes in currency exchange rates, providing examples using the rate of exchange between two currencies. How might this information be used if you were travelling to a foreign country? Inflation Interest rates National debt Unemployment Money supply Political stability