Model
Observer
Magento\Directory\Model\Observer
What it does
This observer class handles the scheduled automatic import and update of currency exchange rates in Magento 2.
It runs via cron job to fetch rates from configured import services, saves them to the system, and sends error notification emails to administrators if the import fails.
Developers would use this when setting up or customizing automated currency rate updates for multi-currency stores.
Public Methods
- scheduledUpdateCurrencyRates()