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What is an exchange rate? What is the foreign exchange market? How many Mexican pesos can $1 US dollar purchase as of today? Research the
What is an exchange rate? What is the foreign exchange market?
How many Mexican pesos can $1 US dollar purchase as of today?
Research the foreign exchange market. What is the daily trading size (in US dollars)? If you are able, find the daily trading sizes of the spot market, futures/forwards and (combined) all other derivative markets.
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