The currency demand and monetary policy of currency banks are begging for answers. Essence Essence
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The currency demand and monetary policy of currency banks are begging for answers. Essence Essence
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This, I was looking at the FINANCE textbook of North Carolina a while ago. The professor believed that the impact of interest rates always had the impact of interest rates, but it was always minimal. This conclusion was made based on the statistics of the United States.
but every country is different, it should still be analyzed according to the specific situation. I don't know if you have talked about the debt sensitivity of bank assets or asset -sensitive type (probably this name, I am a currency bank that I learned 3 years ago, the name is a bit forget). This is calculated based on the actual data. And the bank has the ability to adjust what "sensitive"
I personally thinks that the impact of monetary policy on the currency supply of our country is greater than the impact of currency demand. After all, you ca n’t say that your interest rate is higher now, do n’t you do it?