We find great difficulty in predicting future spot rates, because the exchange rate will be in part, determined by events that cannot be expected or foreseen.

Name: We find great difficulty in predicting future spot rates, because the exchange rate will be in part, determined by events that cannot be expected or foreseen.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Exchange rates are influenced by unpredictable factors such as political events, economic changes, and market sentiment, making future spot rate predictions challenging.

We Find Great Difficulty in Predicting Future Spot Rates, Because