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  • 01-11-2020
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What is a illustration for exchange rate.

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dlopatine
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  • 01-11-2020

Answer

An exchange rate is the value of a country's currency vs. that of another country or economic zone. Most exchange rates are free-floating and will rise or fall based on supply and demand in the market. Some currencies are not free-floating and have restrictions. So that means it has a due date

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