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How Exchange Rates Work

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FRM: How to read a spot foreign exchange (FX) rate

Yesterday the Euro dropped against the dollar, down to EUR-USD ~$1.30. How do we intrepret the strenghtening-weaking of a currency against another ...

Foreign interest rate in IS-LM-FX model

This video shows how the economy reacts to an increase in the foreign interest rate using the IS-LM-FX model both for a flexible and fixed exchange rate.