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Introduction to exchange rate system

Oct 28, 2024

What is foreign exchange? In a narrow sense, foreign exchange originally refers to foreign currency. In a broad sense, it usually refers to the means of payment for international settlement expressed in foreign currency. Exchange rate is also called "foreign exchange market or exchange rate".

Causes Of Exchange Rate Generation

Sep 29, 2024

Importers and exporters pay one currency when they import goods and receive another currency when they export them.

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