Traditional Culture Encyclopedia - Travel guide - How will the exchange rate change affect a country's tourism?
How will the exchange rate change affect a country's tourism?
When a country's currency depreciates (the exchange rate rises under direct quotations), foreigners can exchange less foreign currency into the same local currency with the same domestic tourism price, and are willing to travel to the country, which will promote the development of the country's tourism industry and increase the foreign exchange income of the country's tourism industry.
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