Science & Environment

Exchange rates react immediately to the threat of tariffs

Source: Phys.org - latest science and technology news stories · Published

Exchange rates react immediately to the threat of tariffs
Source: Phys.org - latest science and technology news stories

Exchange rates are more than just abstract numbers. They determine the value of a Mexican peso, the cost of a German car in the U.S. and whether an Argentine farmer can repay his debts. Jantke de Boer, junior professor of international monetary macroeconomics at Ruhr University B

Exchange rates are more than just abstract numbers. They determine the value of a Mexican peso, the cost of a German car in the U.S. and whether an Argentine farmer can repay his debts.

Jantke de Boer, junior professor of international monetary macroeconomics at Ruhr University Bochum, has examined how expectations of future protectionist measures influence exchange rates.

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