Exchange Rate Movements Due to Interest Rates, Speculation, Not Fundamentals
27 July 2023, 08:15 KUALA LUMPUR, Malaysia, Jul 26 (IPS) - Currency values and foreign exchange rates change for many reasons, largely following market perceptions, regardless of fundamentals. Market speculation has worsened volatility, instability and fragility in most economies, especially of small, open, developing countries.
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