Question
Focusing on the political stability and economic performance sector.As we think of China, do we see this country as having political stability? If so, this
Focusing on the political stability and economic performance sector.As we think of China, do we see this country as having political stability? If so, this would be more attractive to foreign investors and can raise the value of the currency.You can also consider the trade policy present within the country. Countries with very clear and focused trade policies tend to appreciate currency as well.In looking at this in reference to the example, would you consider China to be politically stable with clear trade policies?
Reference: CompareRemit. (2020, April 9).8 Key Factors that Affect Foreign Exchange Rates. Compare Money Transfer Services for Sending Money from USA, UK & Canada. https://www.compareremit.com/money-transfer-guide/key-factors-affecting-currency-exchange-rates/
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