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Foreign Exchange rates

Foreign Exchange rates. SSEIN3- Explain how changes in exchange rates can have an effect of purchasing power. Exchange Rate. The exchange rate measure how much currency in one country is worth to another nation The foreign exchange market is where currencies are bought and sold.

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Exchange rates

Exchange rates. The rate at which one currency can be converted into another currency is known as the exchange rate. It is the price of one currency expressed in terms of another countries currency, that is the external value of the currency. Major cause of depriciation in a currency.

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Countries currency - PowerPoint PPT Presentation

Foreign Exchange rates

Exchange rates