This book uncovers the hidden logic behind currency strategies, showing why weakness can sometimes be strength, and why strength can be an illusion. From ancient coin clipping to modern currency wars, from China’s export-driven policies to the global dominance of the U.S. dollar, Kunal Kapoor explains how currency decisions shape economies, industries, and everyday lives.
Through history, case studies, and clear storytelling, this book reveals:
Why weaker currencies boost exports and jobs
How devaluations create inflation and hurt consumers
The power of central banks to steer exchange rates
Winners and losers in the global currency game
The future of money in a digital, multipolar world
Why Do Countries Want Weaker Currencies? is an essential guide for anyone who wants to understand how global finance truly works—and why the number flashing on the exchange rate board matters more than you think.