Social Sciences, asked by ankita201, 1 year ago

why currencies in for important for nation

Answers

Answered by sainikhil22
4
Foreign exchange is the trading of different national currencies or units of account. It is important because the exchange rate, the price of one currency in terms of another, helps to determine a nation's economic health and hence the well-being of all the people residing in it.
Answered by puvaniga2005
2
because with out currencies we cannot buy anything even food ,vegetables etc
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