Asked by Amy
Could someone explain what does it mean to "stabilize international exchange rates"?
I would really appreciate it if someone wrote a brief explanation, because I just don't understand
I would really appreciate it if someone wrote a brief explanation, because I just don't understand
Answers
Answered by
SraJMcGin
Exchange rates can change from moment to moment. They are usually posted so people can keep an eye on them. If they were stabilized they could not fluctuate constantly.
Sra
Sra
Answered by
Amy
would exchange rates be how much a dollar would be considered in another country?
Answered by
Ms. Sue
Exchange rates are different for each different currency. They change hourly.
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