Determine the effect of the following factors on changes in currency exchange rates, providing examples using the rate of exchange between two currencies. Inflation Interest rates National debt Unemployment Money supply Political stability

Question description

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 300–500 words

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