Explain how this fear would affect euro-dollar exchange rate

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Reference no: EM133201706 , Length: Wrod Count: 550 words

Discussion Post: Foreign Exchange

Foreign Exchange, Trade, and Bubbles.

When Great Britain voted to leave the Euro- zone, the pound depreciated 17% against the dollar. It also raised fears that the Eurozone would fall apart. Explain how this fear would affect the euro/dollar exchange rate.

Reference no: EM133201706

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