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YouTubeAll About Economics with Michael
How Exchange Rates Work
What determines the price of money itself? In this video, we break down exchange rates from the ground up -- what the nominal exchange rate means, how currencies appreciate and depreciate, and how to calculate the exact percentage change. Using real 2023 data (shekel vs dollar), you'll learn: - What the nominal exchange rate actually tells you ...
1.4K views1 month ago
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