
What Drives Currency Exchange Rates
Money For the Rest of Us
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What Is the Difference Between Dollars and Dollars?
Exchange rates are not said by purchasing power parity, they're driven by other factors. You will see this when you travel. I remember going to the UK with my son in 2008, at the time, it was two pounds per dollar. For a meal, I was paying twice as much for a meal in the UK that I would pay for a similar meal in the US.
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