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barxatty [35]
3 years ago
15

Currency exchage rates are based on?

Mathematics
2 answers:
igomit [66]3 years ago
8 0

Answer:

how many people want to buy the product

Step-by-step explanation:

Katen [24]3 years ago
7 0

Answer:

See below

Step-by-step explanation:

The Currency exchange rates are usually based on the market supply and demand, but it can also be determinated by the government, it is called fixed exchange rate. It is kind of monetary policy where some countries control and apply a fixed exchange rate.

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