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What is the importance of exchange rates

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Question - Discuss and addresses the following issues:

What is the importance of exchange rates?

Who benefits and who loses when a country's currency appreciates?

Who benefits and who loses when a country's currency depreciates?

In the long run, what are the major factors that impact exchange rates?

Understanding central banks impact exchange rates, select three central banks and demonstrate/ explain how this occurs.

Include at least 3 professional references and follow APA formatting.

Reference no: EM133098987

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