what is an exchange rate used for

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24-05-2018
Social Studies

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what is an exchange rate used for

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2023rodrrenn 2023rodrrenn · Answer 1 · 2018-05-24T20:13:04+02:00

2023rodrrenn 2023rodrrenn

24-05-2018

In an indirect quotation, the domestic currency is the base currency and the foreign currency is the counter currency. Most exchange rates use the US dollar as the base currency and other currencies as the counter currency.

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