Bloomberg for Education

Sncy Varket vechantcs

Based on what you have learned so far, take a moment to think about why countries use different currencies.

Dato the artiole below. Based on the aiticle, what can you infer about the short term implications of moving to a single global currengy?

Countres will loselatuony and therefore face challenges dealing wth uni queteconomic landscapes.

Haning one single curency will be a secule store of weath.

Alavig on single currency will lead to ecofomic convergence, with the weaker and pooler countries reising their pelformance to the level of the rich nations.

Next Module: Currency Valuation Drivers $-$

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