21. Lower rates hurt a currency by making deposits denominated in it less attractive to international investors. 22. Lower rates in Europe often help the dollar, and hurt European currencies, by making U.S. deposits more attractive. 23. Lower rates often hurt a currency by reducing the attractiveness of holding deposits in that currency. 24. Lower rates tend to hurt a currency by reducing the appeal of deposits and bonds denominated in it. 25. Lower Australian rates hurt its currency by making deposits denominated in it less attractive. 26. Lower interest rates often hurt a currency by diminishing the appeal of deposits and other investments in it. 27. Lower interest rates often hurt a currency by making deposits and bonds in it less attractive to investors. 28. Lower rates hurt a currency by making bank deposits denominated in it yield less. |