Identify one way to track live currency exchange rates.

Tracking live currency exchange rates effectively requires accessing timely and reliable information. Utilizing financial news websites or currency converter applications is the most effective method. These sources are specifically designed to provide real-time data on currency fluctuations, allowing users to see up-to-the-minute changes in exchange rates.

Financial news websites often have dedicated sections for forex rates, offering updates on market trends, historical data, and analysis from experts in the field. Currency converter applications can also provide instant conversions and track the latest rates between various currencies, making it easy for individuals and businesses to make informed decisions regarding currency exchanges.

While other options such as personal bank statements provide an overview of past transactions, they do not offer real-time exchange rates. Paper-based information sources may contain outdated figures, limiting their usefulness in tracking live rates. Local radio broadcasts, meanwhile, may provide some financial news but are usually not focused on delivering comprehensive exchange rate information. Thus, option C stands out as the best choice for tracking live currency exchange rates.