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Why do currency values fluctuate?
Views: 408 We all know that currencies fluctuate in value. A European vacationer in the United States will be able to buy more for the same amount if dollar gains value against Euro. If dollar loses values against Euro, the opposite is also true. So, why does the value of a currency fluctuate? To answer this question, first we have to look at what a currency actually represents. A country’s currency reflects the health of its economy and investor confidence in its economic future. A strong and stable currency often represents a strong economy with a positive economic outlook. How …
