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What are the major determinants of demand for currency of a foreign nation? Thanks for your help.?

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What are the major determinants of demand for currency of a foreign nation? Thanks for your help.?

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  1. Export - if country export goods or services then you will need to pay them with their currency to purchase goods from them. To do it you must purchase their currency on international currency market - when you ask - you become part of demand shifting demand curve right and this appreciates their currency.

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