For anyone engaged in cross-border transactions, grappling with exchange rates is a necessary fact of life. Although no one can predict with great confidence how a currency will move over a given time period—whether it will appreciate or depreciate, let alone by how much—we can identify key factors that are likely to influence exchange-rate movements, over both the short term and the long term. This chapter offers a brief overview of the most important factors, why they matter, and how they interact.
A country's trade balance—or, more precisely, its current account balance—is ...
Get Financial Planning, Budgeting, and Forecasting: Financial Intelligence Collection (7 Books) now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
