Currency Exchange
Economic and financial factors can affect the value of a country’s currency in both the short-term and the long-term. Explain how the following factors affect a country’s currency both in the short term and long term:
- Macroeconomic
- Sociopolitical
- Fundamental
- Speculative
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The financial and economic factors can have an impact on the value of the currency of a country in both the long-term and the short-term. Macroeconomic, sociopolitical, fundamental, and speculative factors play a significant role in influencing the value of the currency of a country both in the long-term and in short-term…
(903 Words)