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Following are the factors that affect the exchange rate:
- The values of either of the two component currencies.
- Demand and supply of currency
- The level of business of the country
- Gross Domestic Product
- Employment and inflation level
- Interest rate of the country
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- The values of either of the two component currencies.
- Demand and supply of currency
- The level of business of the country
- Gross Domestic Product
- Employment and inflation level
- Interest rate of the country
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