The effects of interest rate and exchange rate risks on unemployment

Various contemporary empirical studies have established the association and the effects of exchange rate risks and changes in interest rates and how these can trigger or eventually lead to unemployment. However, these investigations are normally focused on economies situated in the North American district, in the United Kingdom and in the Australian region. In this treatise, the effects of interest rates, its movements and the presence or absence of exchange rate risks are assessed. The results provided varied substantiations on the character, magnitude and the scope of such relationship. This research investigation's objective is to provide an exhaustive analysis and elucidation on the correlation and effects of interest rates and its corresponding changes, the existence of exchange rate risks on international economics with the goal of finding out whether such association really exists and whether such connection has favorable conclusions to a nation's monetary and fiscal policies. Survey questionnaires were given out to answer the issues in this study as viewed by the researcher; likewise, an exhaustive examination of earlier investigations was conducted in order to assess the outcomes of this particular study.