Examlex
Round off each of the following to three significant figures.
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Influence Exchange Rates
Refers to the impact of various economic, political, and market factors on the value of one currency in relation to another.
Fixed Exchange Rate System
A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.
Exchange Rate
The value of one currency for the purpose of conversion to another.
Governments
The governing bodies of a nation, state, or community, responsible for creating and enforcing laws and policies.
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