Intercontinental Exchange LIBOR or ICE LIBOR is based on the following five currencies

Intercontinental Exchange LIBOR or ICE LIBOR is based on the following five currencies Correct Answer US Dollar, Pound Sterling, Swiss Franc, Euro, Japanese Yen

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The exchange rate is the ruling official rate of exchange of dollars for other currencies . It determines the value of American goods in relation to foreign goods. If the the dollar is devalued in terms of other currencies , American exports ( which are
The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?