Ask Question
7 January, 08:31

Currently, the foreign exchange rate for all world currencies is

+2
Answers (1)
  1. 7 January, 08:51
    0
    Dollar

    Explanation:

    This is because dollar is the only currency accepted in international trade and each country of the world currency is being measured in dollar it doesn't matter if your currency has high value than dollar but once you intend to do business with any country you must make that trade in dollar even though the both party involve in such transaction does not use dollar as a means of exchange.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Currently, the foreign exchange rate for all world currencies is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers