Contents
Impact of Currency Depreciation on Exports, Imports and tourism. Reasons for Currency Depreciation
What you’ll learn
- What is the meaning of Currency Depreciation?
- How currency depreciation impacts imports and exports?
- Why does currency depreciate?
- How does currency depreciation impact the attractiveness of a destination for foreign visitors?
- Can a weaker currency make it harder to repay foreign loans?
Requirements
- Basic understanding of economic principles such as supply and demand, inflation and interest rates
Description
- What is meant by currency depreciation?
- In case of currency depreciation, value of currency depreciates. Currency is domestic currency or foreign currency. Comment with the help of an example.
- What is meant by foreign exchange rate?
- How does currency depreciation effect the cost of imported goods? Elaborate with the help of an example.
- How does currency depreciation effect a country’s exports? Discuss with the help of a real life example.
- What is meant by trade surplus?
- What are the possible reasons behind depreciation of a country’s currency?
- How lower interest rates result in the depreciation of domestic currency?
- If there are large capital outflows in a country, how does it effect the domestic currency?
- Currency depreciation in a country results into increased inbound tourism. Discuss.
- How currency depreciation impacts outbound tourism?
- What is the impact of currency depreciation on foreign debt?
- Explain with the help of an example how currency depreciation is a negative one for borrowers of foreign debt?
- Whether Central Bank intervenes in Currency depreciation?
- Why Central Bank intervenes in case of currency depreciation?
- How does Central Bank intervene in case of currency depreciation?
- What are the challenges if the Central Bank intervenes in case of currency depreciation?
Who this course is for:
- A business owner, a frequent traveller, or simply someone curious about the world of finance
