non profit organization philippines If interest rates rise in some currencies, interest gains on the currency will increase, attracting investors to buy the currency, so it is good for the currency. If interest rates fall, the gains from holding the currency will diminish, and the appeal of that currency will weaken. So you could say, "interest rate rises, strong currencies; Interest rates fall and currencies weaken. But even so, the average gain was 0.14 percentage points, to 4.74 percentage points, Moneyfacts said. The report also supports the government's plan to cut its annual budget deficit this year. He added: "austerity has failed and will only continue to undermine our economy in the brexit negotiations.