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Economic instability, such as a recession or financial crisis, can lead to a decline in currency prices. When an economy is struggling, investors may lose confidence and seek safer assets, causing the currency to depreciate. Factors like high unemployment rates, declining GDP, and political uncertainty can contribute to economic instability.
Economic instability, such as a recession or financial crisis, can lead to a decline in currency prices. When an economy is struggling, investors may lose confidence and seek safer assets, causing the currency to depreciate. Factors like high unemployment rates, declining GDP, and political uncertainty can contribute to economic instability.
While these indicators can provide some context, it's important to note that any prediction without direct information from the project team remains speculative. To stay ahead, regularly check for updates and engage with the community to catch any early hints or announcements.