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Answered

Which of the following is likely to increase the value of a country's currency?
A. The country's imports are higher than its exports.
B. The country has high inflation.
C. The country has a lot of debt.
D. The country has a high interest rate.
Please select the best answer from the choices provided
O A
OB
ос
D



Answer :

GinnyAnswer

Final answer:

A country's currency value increases with a high interest rate.


Explanation:

The answer is D - The country has a high interest rate. When a country has a high interest rate, it becomes more attractive to foreign investors seeking higher returns on their investments. This increased demand for the country's currency raises its value in the foreign exchange market.


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