President Trump tweeted on Monday complaining about something which is normal, expected, and the way the world works. Someone, somewhere, therefore needs to explain this currency exchange rates thing to him. If the United States continues to raise interest rates, the U.S. dollar will rise against the Chinese yuan and the Russian ruble.
This isnât a mystery, itâs not a plot, itâs both the way things are and the way theyâre supposed to be â we have an interest rate higher than we used to and our currency will rise in relation to others.
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