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About foreign exchange Foreign exchange refers to the act of changing one nation’s currency into another nation's currency Today, foreign exchange, otherwise known as Forex or FX, can refer to
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View accurate and reliable live mid-market exchange rates from the global currency markets, generated from over 100 international sources
- Exchange rate - Wikipedia
Bilateral exchange rate involves a currency pair, while an effective exchange rate is a weighted average of a basket of foreign currencies, and it can be viewed as an overall measure of the country's external competitiveness A nominal effective exchange rate (NEER) is weighted with the inverse of the asymptotic trade weights
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