otero otero
  • 08-01-2019
  • Business
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why is it important for business to know exchange rates?

Respuesta :

angelinashubina
angelinashubina angelinashubina
  • 18-01-2019

An exchange rate is essentially what its name implies: it is the rate at which one would need to exchange one’s currency for the currency of another country. These rates of exchange can change at a moment’s notice (or less) in currency markets where the currencies are freely floating.

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