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What is Money, Interest Rates, and Exchange Rates about?

1. The interest rate and expected future exchange rates affect the foreign exchange market. The exchange rate depends on interest rates earned on deposits of different currencies and the expected future exchange rates. 2. Money serves as a medium of exchange, a unit of account, and a store of value. The money supply includes currency and checking deposits and is determined by monetary authorities through controlling the currency amount. 3. The demand for money and foreign currency assets depends on fact

Author

nigusu degu

Language

EN