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Exchange Rate

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October 22nd, 2021

Select a currency other than the U.S. dollar (such as the Euro, Swiss Franc, Yen, or another currency of your choosing), and research the current exchange rate between it and the U.S. dollar. If the chosen currency against the U.S. dollar depreciates, can the U.S. dollar buy more or less of the chosen currency? Please explain. For more information on Exchange Rate read this: https://en.wikipedia.org/wiki/Exchange_Rate

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