Dear global Fed Chairman, how do you determine whether you should depreciate or appreciate your currencies.
Dear Global Fed Chairman,
One way to determine whether you should appreciate or depreciate your currencies is whether your nation has accounts deficit problems.
If your nation has account deficit problems you should depreciate your currencies by printing money and release more money supplies. In other words, expand your monetary policies. This way you will dilute your debts and force your citizens to buy products only produce in your own nations because imports will be very expensive.