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... and it is a fixed exchange rate, it should be easier to make money!"
The so-called currency carry trade.
That is, foreign exchange carry trades.
Refers to borrowing low-interest-rate currencies to buy and hold high-efficiency currencies to earn interest differentials.
Because money is essentially a general equivalent symbol, value comes from the basic logic of supply and demand.
Because emerging market countries are all developing countries, their currency val ...
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