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Results tagged with interest-rate
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user 5517
The proportion of an amount loaned which a lender charges as interest to the borrower, normally expressed as an annual percentage. The interest rate is typically determined by a combination of market forces and monetary policy.
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How interest rate affects currency
I am quite new to economics. I was reading about changes in interest rates and its effect on currency value.
The fact is as interest rates increases, the currency value also increases and vice versa …
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