How Currency Devaluation Works

How Currency Devaluation Works

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Explains currency devaluation, its causes, and its effects.But if a country is selling less products to foreign countries than it is buying from them, it has a trade deficit. Imports are more ... If Germany offers higher interest rates than the United States, currency traders will see this as a good sign for the euro. To earn ... In 2007, countries that used the euro did offer higher interest rates than the United States, and many investors bought euros and sold dollars. Did youanbsp;...

Title:How Currency Devaluation Works
Author:Barbara Gottfried Hollander
Publisher:The Rosen Publishing Group - 2011-01-15


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