1. Also boosting the currency was a surge in gold. 2. By doing so, it has also sought to prevent the peso from strengthening as it absorbs part of the capital inflows that could boost the currency. 3. Expectations for higher rates often boost a currency by prompting traders to buy it. 4. Higher interest rates boost a currency by luring investors into buying higher-earning securities in that currency. 5. Higher rates usually helps boost a currency by luring investors to park their investments in that country. 6. Higher rates would also boost European currencies against the dollar by bolstering returns on cash deposits. 7. Higher interest rates tend to boost a currency by making deposits denominated in it more attractive. 8. Higher rates often boost a currency by making bank deposits denominated in that currency more attractive to investors. 9. Higher rates often boost a currency by prompting investors to buy it to get higher returns on assets denominated in that currency, such as bank deposits. 10. Higher interest rates boost a currency by making deposits denominated in it more attractive. |