How to strengthen a country's currency? - page 2.

Rigon

sr. member

Activity: 994

Merit: 441

Quote from: sana8410 on June 20, 2014, 03:22:19 AM

I would really like to know the best way to strengthen a country's currency.
Increase in it's import or export?
Please share some good ideas.

There are so many different factors that could strengthen a countries currency, but it all comes down to demand. If the currency is in demand it will strengthen. Lots of things could cause this demand - higher interest rates (better return for investors) for example.

umair127

sr. member

Activity: 378

Merit: 250

There are many such ways to do this; have a good credit record, not default on loans, have high interest rates, have a strong legal system, have a good business environment, have high quality workers, good infrastructure, political stability, high exports, strong financial system, etc.
Now many of those are long term sort of things, but short term, interest rates, balance of trade changes, political stability, etc.

sana8410

sr. member

Activity: 448

Merit: 250

I would really like to know the best way to strengthen a country's currency.
Increase in it's import or export?
Please share some good ideas.

Topic: How to strengthen a country's currency? - page 2. (Read 3858 times)