Hi,
I was wondering what would happen to an exchange rate if both the U.S. Dollar and Euro were to experience a big loss in value beginning at about the same time.
Would the exchange rate remain relatively steady because both currencies are losing value simultaneously?
Thanks,
Jeff
I was wondering what would happen to an exchange rate if both the U.S. Dollar and Euro were to experience a big loss in value beginning at about the same time.
Would the exchange rate remain relatively steady because both currencies are losing value simultaneously?
Thanks,
Jeff