Post
Topic
Board Economics
Re: How to strengthen a country's currency?
by
sana8410
on 20/06/2014, 10:27:41 UTC
There are many such ways to do this; have a good credit record, not default on loans, have high interest rates, have a strong legal system, have a good business environment, have high quality workers, good infrastructure, political stability, high exports, strong financial system, etc.
Now many of those are long term sort of things, but short term, interest rates, balance of trade changes, political stability, etc.
These are ways to strengthen a country's currency. But i have one question in mind that if one country's currency is more than another country then also its economy will be stronger?