Exchange Rates

A mindmap of the definition, causes and effects of an exchange rate.

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  • Created by: Sqd3
  • Created on: 15-03-15 17:58
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  • Exchange Rates
    • Definition
      • "The price of one currency in terms of another"
    • Causes
      • Inflation Rates
        • High
          • Depreciation
        • Low
          • Appreciation
      • Interest Rates
        • High
          • Depreciation
        • Low
          • Appreciation
      • Current Account Balance
        • Deficit
          • Surplus
          • Speculation
        • Effects
          • Strong Currency
            • Imports = Cheap
            • Exports = Expensive
          • Weak Currency
            • Imports = Expensive
            • Exports = Cheap

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