If currency appriciates how will it affect monetary policy
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YOUR ANSWER HERE...
__________
The country's export will have become relatively cheaper and imports will be relatively more expensive.
The effect of an expansionary monetary policy is to lower the exchange rate, weaken the financial account and strengthen the current account.
As a result, the exchange rate ofthe domestic currency will decrease.
__________
HOPE HELPED:)
@ANANYA-RATHEE ✌✌
YOUR ANSWER HERE...
__________
The country's export will have become relatively cheaper and imports will be relatively more expensive.
The effect of an expansionary monetary policy is to lower the exchange rate, weaken the financial account and strengthen the current account.
As a result, the exchange rate ofthe domestic currency will decrease.
__________
HOPE HELPED:)
@ANANYA-RATHEE ✌✌
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answer to your question is given in the attachment
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