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Does a Strong Currency Help, or a Weak One?
- Source :
-
YaleGlobal Online . 3/5/2019, p1-3. 3p. - Publication Year :
- 2019
-
Abstract
- The article discusses the advantages and disadvantages of currency overvaluation or undervaluation, depending on a country's circumstances. It is said that governments intentionally keep the currency undervalued in other cases to encourage export sales. A currency's value can appreciate or devalue against other currencies in several ways such as market sentiment. Advantages of undervaluation from China's point of view are outlined.
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- YaleGlobal Online
- Publication Type :
- Periodical
- Accession number :
- 135069375