Which authority is involved in fixing exchange rates and how are the Can ocurtry To writeof through to federal government, central bank and Ad ninis relive machine ies to revalue or devalue its own currency? If yes, how, describe in brief and dear terms? What is the difference between dired quotes and hidined quotes an currently pachange mies Questions As on 13" September 2023 end of business New York market exchange writes between LSD and CAD is quoted as below!: USD 1 . CAD 1.3171 Considering yourself as a freight forwarder based in Toronto, as this s fred quote or an indirect quote? Questions 5 Does foreign exchange neserves has a role to play in currency oichange If yes, how, describe in brief and clear terms