klipp12 klipp12
  • 14-05-2020
  • Business
contestada

How are foreign exchange rates determined

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farahm22 farahm22
  • 14-05-2020

Answer:

Currency prices can be determined in two main ways: a floating rate or a fixed rate. A floating rate is determined by the open market through supply and demand on global currency markets. ... 5 Therefore, most exchange rates are not set but are determined by on-going trading activity in the world's currency markets.

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kileyd9 kileyd9
  • 01-02-2021

Answer: market forces for. a p e x

Explanation:

just did that bro

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