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All are factors affecting currency exchange rates except: A. economic conditions, B. balance of payments, C. political stability culture

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Final answer:

Option C. Factors affecting currency exchange rates include economic conditions, balance of payments, and various other factors.

Step-by-step explanation:

The factors affecting currency exchange rates include economic conditions, balance of payments, political stability, and culture. However, one of the options listed in the question, namely political stability culture, is not a factor affecting currency exchange rates. The supply and demand of a currency, domestic interest rates, the stock market, and the gold standard are all factors that can influence currency exchange rates.

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