What Makes Currency Values Change
Understanding the basic factors that cause the value of one country's currency to change relative to another's.
Key Questions
- Explain that the value of a currency (exchange rate) is like a price, determined by how much people want to buy or sell it.
- Discuss how factors like a country's economic performance or interest rates can influence demand for its currency.
- Identify how global events or news can cause currency values to fluctuate.
MOE Syllabus Outcomes
Suggested Methodologies
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