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Does the Balance of Payments Determine Exchange Rates?

IMG Auteur

Frank Shostak

Published : February 26th, 2024

39 words - Reading time : less than a minute

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Category : Editorials


	Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others. Original Article:Does the Balance of Payments Determine Exchange Rates?

Source : mises.org

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IMG Auteur

Frank Shostak 13 abonnés

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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.

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