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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Your stock analogy isn’t bad. The ‘downside’ of being a strong currency would be analogous to the maximum ‘buy low, sell high’. If you have a weak currency, investors want to ‘buy’ your country (by building factories and hiring a lot of people to do so). If you have a strong currency, investors want to sell high (close down factories, which means job cuts).
So rates are double edged; strong currencies allow you to consume more but make it harder to invest, and vice versa.
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