Countries with high trade decifit shouldn’t have low forex?
Posted March 20th, 2009 by admin 2 Comments »
binocular222 asked:
If EX
If EX
Moreover, lower forex means higher external debt. Therefore, countries with huge debt shouldn't have low forex too?
In my country, both trade decifit and external debt are high but gov still keeps a stable nominal forex while inflation is escalating (which means REER decrease), why?