Take the US dollar for example. I was reading an article which said the dollar reached new highs recently, but there was a negative connotation to the piece. Doesn’t something “rising” generally mean it’s “stronger”? I usually think in terms of assets like stocks
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A strong currency is typically a sign of a growing and historically stable economy.
Currency strength is also impacted by the country’s interest rate and inflation. A higher interest rate means the amount of money have increases more quickly, but if inflation is higher than interest rates then your money is still worth less over time (you can’t buy as much with it next year as you can right now) so a stronger currency would generally be found in a low inflation economy.
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