The conversation between human and AI assistant.
What are the factors that affect a country's currency?
Does international trade also have an impact on a country's currency?
Yes, international trade can also affect a country's currency. When a country exports more than it imports, it can increase demand for its currency because foreign buyers need to buy the country's currency to make purchases. This can cause the country's currency to rise in value. Conversely, when a country imports more than it exports, it can decrease demand for its currency and cause its value to fall.