What will be an ideal response?
ANSWER:
The currency might be viewed as overvalued. This could be caused by relatively higher rates of inflation in the country. Also, domestic macro conditions might call for a devaluation.
What will be an ideal response?
ANSWER:
The currency might be viewed as overvalued. This could be caused by relatively higher rates of inflation in the country. Also, domestic macro conditions might call for a devaluation.