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OpenStudy (anonymous):

Why did the Currency Act anger colonists when it was passed in 1764? It prohibited the colonists from possessing British currency. It placed limits on the amounts of new currency that could be minted in the colonies. It prohibited colonists from issuing paper money. It set an unfavorable exchange rate between colonial currency and British pounds.

OpenStudy (anonymous):

@Jaylanny

OpenStudy (anonymous):

it set an unfavorable exchange rate between colonial currency and british pounds

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