2025-01-30 14:23
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Interest rates set by central banks directly affect currency values. Higher interest rates attract foreign investors looking for better returns, increasing demand for that currency. Conversely, lower interest rates can weaken a currency as investors seek better opportunities elsewhere, leading to fluctuations in Forex markets.
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India | 2025-01-30 14:23Interest rates set by central banks directly affect currency values. Higher interest rates attract foreign investors looking for better returns, increasing demand for that currency. Conversely, lower interest rates can weaken a currency as investors seek better opportunities elsewhere, leading to fluctuations in Forex markets.
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