The fluctuations in the exchange rate depends partly on the supply and demand for each currency in the world market.

Name: The fluctuations in the exchange rate depends partly on the supply and demand for each currency in the world market.
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The exchange rate of a currency is influenced by the supply and demand of that currency in the global market. If the demand for a currency is high, its value increases, and the exchange rate rises, and the opposite occurs when there is a high supply of a currency.

The Fluctuations in the Exchange Rate Depends Partly on the Supply