Higher Inflation = higher interest rates (to encourage saving and not spending aka reduce inflation) = more investment in bonds = more people buying the domestic currency to buy the bonds = increase demand in currency = higher currency. You are wrong and spreading misinformation.
Higher Inflation = higher interest rates (to encourage saving...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $12.42M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $6.201K | 477.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 676966 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 814318 | 3 |
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| Last trade - 11.13am 03/10/2024 (20 minute delay) ? |
| TMS (ASX) Chart |