By: Nina Kryscha Grace Y.

Amo
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Importance of Exchange Rates

What Factors Determine Exchange Rates?
Fixed Exchange Rate Systems
System of Floating Exchange Rates
 Unfavorable movements in exchange rates can be costly for businesses.

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 Japanese British
yen pound
9.4% 11.3%

Euro
37.4
%
U.S.
dollar
41.9%

Figure 10.3 Valuation of the

Special Drawing Right (SDR)
Thank you