Currency identifies itself as a medium of exchange for the general public's needs in money form. It is a system of money that depends on the nation and country. It can also be defined as a rotary system influenced by commerce, purchase, and permutation in the economic state. Some existing factors have an impressive sequel to the currency exchange rate, such as inflation, interest rates, public debt, political stability, financial health, the balance of trade, current account deficit, speculation, and government intervention. Those factors impact the exchange rates globally and at a macro level.
By: Syeda...