Why do currencies float? What causes currencies to appreciate? And what causes currencies to depreciate? please no plagiarism.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Why do currencies float? What causes currencies to appreciate? And what causes currencies to depreciate? please no plagiarism.

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Introduction:

Currency is defined as anything that is widely accepted to have value as a medium of exchange for goods and services. The trading system within an economy is based on its currency, which is usually country-specific and issued by the government of that country. . Currency is used to exchange commodities and services. Currency is money in the form of paper or coins issued by a government and accepted at face value.

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