yes good point however look at the Turkish lira that currency is in free fall because they keep rising rates like i said raising rates equates to price increases the cost of credit is reflected in all goods and services when central banks raise rates they are essentially are raising the general price level in the economy higher prices equate to inflation inflation is not expressed in a higher exchange rate . I mean comon inflation literally means your dollar buys less why in the world would any one think it is going to be expressed in a stronger exchange value for the currency ?
yes good point however look at the Turkish lira that currency is...
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