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Below, I touch upon four factors that I believe to be among the most important economic indicators anyone can follow by reading the news. Interest Rates. The first factor contributing to the general strength or weakness of a currency is a country's interest rate.Inflation.Economic Growth.Current Account Balance.

Other factors that influence whether or not the dollar rises in value in comparison to another currency include inflation rates, trade deficits, and political stability.

Generally, higher interest rates increase the value of a country's currency. Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency.

6 factors influencing exchange rates and what you can do about it Inflation rates. Inflation rates impact a country's currency value.Interest rates. Exchange rates, interest rates and inflation rates are all interconnected.Monetary policy and economic performance.Tourism.Geopolitical stability.Import and export value.

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Exchange rates are constantly moving, based on supply and demand. Whether one currency is in higher demand than another, depends on the perceived value of owning it, either to pay for goods and services, or as an investment.

Eligibility to obtain FFMC License The Entity that wishes to apply for a Full Fledged Money Changer License must be registered under the Companies Act of 2013. The Entity must have a minimum net-owned fund of INR 25 Lakhs in order to apply for a single-branch license and INR 50 Lakhs for a multiple-branch license.

Currencies appreciate against each other for a variety of reasons, including government policy, interest rates, trade balances, and business cycles.

Key Takeaways Currency appreciation is the increase in the value of one country's currency relative to another country's currency. An increase in government spending or a cut in taxes as well as an increase in investment demand typically causes currency to appreciate.

Export-Import holds key in pushing the demand for a currency of a country. For example, if India exports more to other countries that than it imports from them, the demand of rupee will go up, leading to appreciation. In the reversed scenario, the value of rupee will downgrade.