Name the Factors That Affect Exchange Rates

question 9

Essay

Name the factors that affect exchange rates.

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Definitions:

Key Pair

In cryptography, a key pair consists of a private key and a public key used together for secure data encryption and decryption.

Encryption

The process of encoding information or data to prevent unauthorized access, making it readable only by those who have the key.

Internet Of Things

The networking of physical devices, vehicles, buildings, and other items embedded with electronics, software, sensors, and network connectivity.

Internet-enabled Devices

Electronic gadgets that have the ability to connect to the internet, allowing for communication and access to web-based content.