Answer to Question #92271 in Macroeconomics for Rotenda

Question

Possible reasons for an appreciation of the rand against the US Dollar

Answer 1

The appreciation of rand simply means rising the value of rand. The reasons of appreciation of rand against the us dollar includes demand of Rand may increase. At the same time supply of rand decreases. There is high economic growth of the country where rand is the currency. Also there is low inflation rate.