It is a governing body that sets rules and regulations by which different nations exchange currencies with each other.
Tuesday, August 22, 2023
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Question: It is a governing body that sets rules and regulations by which different nations exchange currencies with each other.
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A currency exchange board is a governing body that sets rules and regulations by which different nations exchange currencies with each other. It aims to ensure fair and transparent transactions, prevent fraud and manipulation, and maintain stability in the global financial system. A currency exchange board may also monitor and intervene in the foreign exchange market to influence the exchange rates of its currency or other currencies.
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