Question
-
Strength of a currency depends upon?
1 Answer
<p id="isPasted">A currency's strength depends on economic health, political stability, interest rates, and inflation. These factors influence supply and demand, with a strong economy and stable government typically leading to higher demand and a stronger currency. Other key influences include a country's trade balance (exports vs. imports), public debt, and investor confidence. </p><p><br></p>
1 View