Higher interest rates can impact borrowing and investments, lower currency values benefit exports, and higher currency values can lower inflation rates.
Higher interest rates in a country: This can lead to a decrease in borrowing and investments, slowing down economic growth.
Lower currency value: A decrease in the value of a country's currency can boost exports by making them cheaper for foreign buyers.
Higher currency value: An increase in a currency's value can make imports cheaper, which can lead to lower inflation rates.
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