In the intricate web of global commerce, exchange rates stand as pivotal determinants shaping the flow of international trade. These rates, in their perpetual state of flux, are influenced by an array of economic indicators, geopolitical events, and market sentiments, crafting a landscape of opportunities and challenges for businesses worldwide. This deep dive into the determinants of exchange rate fluctuations and their consequential impact on international trade elucidates the multifaceted relationship between currency values and global commerce. Determinants of Exchange Rate Fluctuations: 1. Interest Rates and Monetary Policy: The interplay between interest rates and exchange rates is profound. Central banks…