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Indicate wether country Xs currency will appreciate or depreciate according to the scenario

Indicate wether country Xs currency will appreciate or depreciate according to the-example-1
User AdamVe
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3 votes

Depreciate

Appreciate

Appreciate

Depreciate

Speculators concerned about the strength of Country X's economy begin selling off the country's currency.

Likely Depreciation: If speculators are selling off Country X's currency due to concerns about its economic strength, it suggests a lack of confidence. This could lead to a depreciation of the currency.

Exports from Country X become significantly more valuable relative to the exports of other countries.

Likely Appreciation: If Country X's exports become more valuable compared to other countries, demand for its currency may increase, leading to an appreciation.

Country X announces a plan to reduce its deficit and begins making major efforts to repay its public debt.

Likely Appreciation: A commitment to reducing deficits and repaying public debt can improve investor confidence in the country's economic management, potentially leading to an appreciation of its currency.

Country X experiences political turmoil, and the government increases the money supply to address economic uncertainty.

Likely Depreciation: Political turmoil and an increase in the money supply can erode confidence in the stability of Country X's currency. Inflationary concerns may lead to a depreciation of the currency.

User Wagashi
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