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Currency value Essays

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Managed Float Exchange Rate Program Is ACCOMPANIED BY India Economics Essay
In finance, an exchange rate also known as the foreign-exchange rate, forex rate or FX rate between two currencies is the speed of which one money will be exchanged for another. Additionally it is regarded as the worthiness of 1 country's money in conditions of another currency. For example, an interbank exchange rate of 91 Japanese yen (JPY, ¥) to the us buck (US$) means that ¥91 will be exchanged for every US$1 or that US$1 will be exchanged for each and every ¥91. Exchange rates..
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