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Anettt [7]
3 years ago
14

Which statement describes the foreign exchange rate?

Mathematics
1 answer:
kiruha [24]3 years ago
8 0
The foreign exchange rate is a rate at which one currency is exchanged for another, and it exists because not all currencies are worth the same. In short, money of one country is worth more than money of a different country.

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Step-by-step explanation:

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