Question: The September 11, 2001, terrorist attack on the United States was quickly followed by lower interest rates in the United States. How would this affect
The September 11, 2001, terrorist attack on the United States was quickly followed by lower interest rates in the United States. How would this affect a fundamental forecast of foreign currencies? How would this affect the forward rate forecast of foreign currencies?
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Lower interest rates in the US reduce the capital flows into the US which places upward pressure o... View full answer
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