This is one of the most important factor affecting the currency.This mainly includes the government budgets, infrastructure development, new government policies etc.
Gross domestic product:
This the best est way to measure the economy of any country. It determines the total production and cost of services of a country in a year.
Industries:
The overall development of any country depends upon the production from its industries and factories. The country having more industries is usually a rich country and its currency value too is a lot more than those having lesser industries.
So these factors are a lot responsible for the determination of value of currency of any country.There are lots other factors too that affects the fores trading business.
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