What will be an ideal response?
ANSWER:
The currency might be viewed as undervalued. This could be caused by relatively lower rates of inflation in the country. Also, domestic macro conditions (e.g. an expansion) might call for a revaluation.
What will be an ideal response?
ANSWER:
The currency might be viewed as undervalued. This could be caused by relatively lower rates of inflation in the country. Also, domestic macro conditions (e.g. an expansion) might call for a revaluation.