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Understanding Foreign Exchange Markets – Connecting South Africa to the Global EconomyDear Grade 12sHave you ever wondered how we buy goods from other countries, or why the value of the rand changes? Then you’re already thinking about foreign exchange.This topic is one of the most real-world parts of Economics. It affects how we travel, trade, invest, and even how much we pay for fuel and groceries. Let's unpack it step by step so you can understand it with confidence — and ace it in your final exam!🌍 What is the Foreign Exchange Market?The foreign exchange market (also known as
