asked 106k views
1 vote
How are the daily exchange rates of national currencies determined?

A. They are established by the International Monetary Fund.
B. They fluctuate according to changes in the financial markets.
C. They are approved by World Trade Organization officials.
D. They are based on the amount of gold held by governments.

asked
User Zoomzoom
by
7.7k points

1 Answer

6 votes

Answer:

B. They fluctuate according to changes in the financial markets.

Step-by-step explanation:

answered
User SpeedBurner
by
8.1k points
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