miacarnley miacarnley
  • 10-02-2021
  • Business
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What does an exchange rate tell you?

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ajpetermann123
ajpetermann123 ajpetermann123
  • 10-02-2021

Answer:

An exchange rate tells you how much one type of currency is worth in a different currency.

Explanation:

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mrsorgen mrsorgen
  • 10-02-2021

Answer:A foreign exchange rate is the relative value between two currencies. Simply put, "exchange rates are the amount of one currency you can exchange for another."

Explanation:

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