What generates the supply of and the demand for foreign exchange? Why do the supply and demand
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Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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The supply and demand for a foreign currency stem from trade and investment activity between the two ...View the full answer
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Muhammad Salman Alvi
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