Exchange rates play a pivotal role in the global economy, serving as the cornerstone of international trade and investment. An exchange rate is the value of one currency expressed in terms of another. Fluctuations in exchange rates can significantly impact cross-border transactions, affecting the competitiveness of exports and imports, foreign […]
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While monetary policy is a powerful tool, it has its limitations. It operates with a time lag, Is Used Most that the effects of policy actions may take time to manifest. Additionally, its impact can be influenced by various external factors such as fiscal policy, global economic conditions, and market […]