answersLogoWhite

0


Best Answer

The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do exchange rate affect businesses?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does the exchange rate affect Britain?

Exchange rate is depends on the rate of that country currency rates and gold!


How frequently do exchange rates update?

The rates change constantly. Certain organizations and businesses specify the exchange rate at a certain time to be effective for their transactions. They may say the spot price at the New York exchange at noon will be the rate for the day.


How can interest rate affect business?

Interest rates affect the value of money. Businesses depend on money. So when money has a higher value, businesses are happy. When money has a lower value, businesses are not so happy.


How interest rate affect business?

Interest rates affect the value of money. Businesses depend on money. So when money has a higher value, businesses are happy. When money has a lower value, businesses are not so happy.


What is a current issue involving foreign exchange?

A current issue involving foreign exchange is the impact of fluctuating exchange rates on international trade and investment. Fluctuations in exchange rates can affect the cost of imports and exports, making it challenging for businesses to plan and forecast their financials. Additionally, exchange rate volatility can create uncertainties for investors, affecting their decisions regarding foreign investment.


How would thick-walled alveoli affect the exchange of the respiratory gases?

lower exchange rate,takes longer for gases to diffuse


What are the economic factors affecting business environment?

Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation


What are the economic factors affecting a business environment?

Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation


How do fluctuations to the international exchange rate of a nation's currency affect its balance of trade?

Helps the balance.


What is the meaning of commercial loan interest rate?

Commercial loan interest rates are a common way for small businesses to obtain start-up capital. These rates usually affect the growth rate and mannerisms of businesses.


What is REER in exchange rate?

The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.


How do you calculate exchange rate?

The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.