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Sandy Ingram

Sandy Ingram

Last updated: January 8, 2024 8:56 am
Sandy Ingram
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The stronger the currency, the more confidence the world has in the country’s economic stability and growth potential.  How does a GDP affect a country’s currency rate?  Simply, a higher GDP signals a stronger, productive economy.  This attracts foreign investors, who need to buy the country’s currency to invest.  This surge in demand for the currency increases its value, or ‘rate’…A rise in Iraq’s GDP implies a healthier economy and a potential increase in the dinars value.     [Post 2 of 2]

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