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it was very useful. .thank you 😊😊
Great video! Thank you
How do remittances cause the exchange rate to appreciate?
Because remittances are an inflow of $s and other currencies into an economy.
@@tutor2u-official so dollars need to be exchanged for Pesos so increased demand for peso which appreciates the peso
If you find this video helpful, don't forget to like it! and SUBSCRIBE TO the tutor2u Channel to be alerted as soon as we've uploaded new topic videos like this one.
it was very useful. .thank you 😊😊
Great video! Thank you
How do remittances cause the exchange rate to appreciate?
Because remittances are an inflow of $s and other currencies into an economy.
@@tutor2u-official so dollars need to be exchanged for Pesos so increased demand for peso which appreciates the peso