how/why currencies become weak or strong

357 views

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

In: 76

17 Answers

Anonymous 0 Comments

If a country that uses that currency is doing good (making lots of stuff people want to buy) people want it so they can buy stuff from that country. If a country that uses the currency is doing badly (doesn’t have stuff people want to buy) people don’t want that currency.

You are viewing 1 out of 17 answers, click here to view all answers.