how come currency changes in value?
In: Economics
central banks can manage the supply of a currency by “printing” money or take money from the market.
demand for a currency occured when products and services of a specific currency region rises and falls.
there are also some intrensic values to currencies. For example the swiss franc vs the turkish lira. the swiss franc is seen as a stable currency because of the stable government it represents. VS the turkish lira which represents a governemnt where basical principals for trust are in a downfall. This factors ultimately allso influence supply and demand but are also factors influencing currency rates.
Latest Answers