Capital outflows make it easier to keep the exchange rate fixed while capital inflows do the reverse.

Name: Capital outflows make it easier to keep the exchange rate fixed while capital inflows do the reverse.
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Capital outflows put pressure on a country's currency to depreciate, making it harder to maintain a fixed exchange rate, while capital inflows strengthen the currency, potentially making it easier to keep the exchange rate fixed if the country is buying foreign currency to prevent appreciation.

Capital Outflows Make It Easier to Keep the Exchange Rate