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hi in this video well be talking about how a bank can earn a commission on currency exchange even if they dont explicitly charge a percent commission so one way in which a bank can earn money through a transaction is to charge different rates for buying and selling currency all right so in this example a bank is selling one Canadian dollar for this many use and buying one Canadian dollar for this many years now notice the stress on my words that I just use I said the bank is selling one Canadian dollar and buying one Canadian dollar in other words or to summarize that the bank is buying and selling Canadian dollars in each of these questions the bank is going to buy and sell one type of currency and in this question the bank is buying and selling Canadian dollars thats a key point which is why Ive been talking about it for a little while alright now that you know that the bank is buying and selling Canadian dollars think of those Canadian dollars as an object that can be bought an