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Economics A Level (DONEEEEEEE)
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Pregunta:
Why can High Interest Rates affect the Exchange Rate?
Autor: eric_galvaoRespuesta:
-Big Financial Insitutions [Banks, Insurance..] will Buy the Pound and save it in British Banks to take part in the High Reward Savers would get. This is an Example of ‘Hot Money’
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eric_galvao