oussama94
05-28-2017, 23:56
The monetary model holds that exchange rates are determined by a nation’s
monetary policy. Countries that follow a stable monetary policy
over time usually have appreciating currencies according to the monetary
model. Countries that have erratic monetary policies or excessively expansionist
policies should see the value of their currency depreciate
monetary policy. Countries that follow a stable monetary policy
over time usually have appreciating currencies according to the monetary
model. Countries that have erratic monetary policies or excessively expansionist
policies should see the value of their currency depreciate