is one of the indicators is preferred. The balance of trade deficit means that there is flow of funds towards the outside in order to buy foreign goods which may affect the devaluation. Yet the market expectations usually are determined by whether the trade deficit is not favorable or not. If one of the countries facing a deficit in the trade balance on an ongoing basis, this factor can be assumed to have already priced in the currency revaluation. By then the trade deficit will affect the price of the currency only in the event that came above market expectations.
تبصرہ
Расширенный режим Обычный режим