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What is the exchange rate or forex rates? Exchange rates basically represent the value of one currency in terms of some other currency. So if suppose you want to buy a US Dollar, the amount of rupees that you need to pay to buy a US Dollar would be called as USD to INR exchange rate.Currency exchange rates or Forex Rates also represent the relative economic strength of a country in the

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The economic calendar is clearly the most used tool of all forex traders. The calendar shows the times of announcement of important economic events - which often have a significant effect on the future price movement of each market.

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