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How Currency Exchange Rates Affect Import and Export
currency exchange

How Currency Exchange Rates Affect Import and Export

Currency exchange rate changes have far greater implications than remittence. I came to know about this fact recently while reading Naked Economics. Based on whether currency is weak or strong, country may gain more profits with either exports or imports. To get started, let's consider very trivial example from this
Dec 30, 2021 3 min read
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