- What is the importance of exchange rates?
- Who benefits and who loses when a countryâ€™s currency appreciates?
- Who benefits and who loses when a countryâ€™s currency depreciates?
- In the long run, what are the major factors that impact exchange rates?
- Understanding central banks impact exchange rates, select three central banks and demonstrate/ explain how this occurs.
Include at least 3 professional references and follow APA formatting.