The central bank of Country A (a stable country with a well-developed economy) raises the interest rate.
In the short term, this country's currency rises due to demand for the currency by carry-traders.
In the medium to long term, its currency falls back due to the International Fisher Effect (look it up on the internet).
Do I have it right?
In the short term, this country's currency rises due to demand for the currency by carry-traders.
In the medium to long term, its currency falls back due to the International Fisher Effect (look it up on the internet).
Do I have it right?
تبصرہ
Расширенный режим Обычный режим