Exchange rate standard deviation monthly exchange rate
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Differentials in Inflation
Two countries will have different rate of Inflation .Country having lower rate of inflation will have rising currency , as Goods will be cheap people will have higher purchasing power .i.e. there will be demand for that currency . Contrary
Country having Higher rate of inflation will have depriciating currency
hope helps ☺️☺️☺️☺️
Two countries will have different rate of Inflation .Country having lower rate of inflation will have rising currency , as Goods will be cheap people will have higher purchasing power .i.e. there will be demand for that currency . Contrary
Country having Higher rate of inflation will have depriciating currency
hope helps ☺️☺️☺️☺️
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