Question

Exchange rates can indicate economic health by

Answer 1

Hi, please consider given below;

Exchange rates can indicate economic health by  showing the relative strength of different nations’ currencies.

It is important to note that we cannot assume that this exchange rates are the only valuable measure of a country's economic strength.

Therefore I can as well say that exchange rate at the bank sometimes may be higher than the market rate and the net effect can be that the bank can make money.