Questions tagged [exchange rate query]

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KpopStarletShine KpopStarletShine Wed Aug 07 2024 | 6 answers 1347

What is the foreign exchange rate?

Could you please explain what the foreign exchange rate is and how it affects global finance? Is it the value of one currency in relation to another, and if so, how does it fluctuate and impact investments, international trade, and overall economic stability? Also, are there any specific factors that contribute to these fluctuations, and how do they play a role in determining the current foreign exchange rate?

What is the foreign exchange rate?

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