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What are the major factors that may influence the exchange rate? Explain briefly.
What are the major factors that may influence the exchange rate? Explain briefly.
admin
2022-04-21
29
问题
What are the major factors that may influence the exchange rate? Explain briefly.
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答案
There are three major factors influencing the exchange rate: (1) International balance of payment. It has a direct bearing on the supply and demand of foreign exchange. (2) Inflation. It is closely related to the real value of the currency and the competitiveness of the commodity. (3) Interest rate. Under specific conditions, high interest rate will attract short-term international fund, increasing the exchange rate of one’s own currency and vice versa.
解析
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国际商务英语题库经管类分类
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国际商务英语
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