Question

explain the causes of fluctuation in exchange rate​

Answer 1

$\huge\mathfrak\red{Answer}$

Most of the world's currencies are bought and sold based on flexible exchange rates, meaning their prices fluctuate based on the supply and demand in the foreignexchange market. A high demand for acurrency or a shortage in its supply willcause an increase in price.

Answer 2

Answer:

Most of the world's currencies are bought and sold based on flexible exchange rates, meaning their prices fluctuate based on the supply and demand in the foreign exchange market. A high demand for a currency or a shortage in its supply will cause an increase in price.