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Q: Describe How does exchange rates get set?
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What are foreign exchange rates?

Foreign exchange rates are currency exchange value of other countries.


How exchange rates are set?

It's determined by the global currency exchange market, which takes into account factors like GDP, unemployment, inflation, and the like.


How would you describe the exchange of currencies?

Exchange of currencies is the exchange rate of the currency of one country to another. For instance exchanging USD to AUD or pesos. These rates allow people to trade money when traveling to different continents.


What is meant with money exchange rates?

If you are dealing with overseas currency it is necessary to know exchange rates. The exchange rates vary from day to day. exchange rates compare how much a certain country's currency is worth against another countries.


What are the American Express exchange rates?

American express exchange rates can change from time to time. It is recommended that one contact American Express directly for the current exchange rates offered.


What determines the exchange rates?

Foreign exchange markets


How was the world economy after Bretton Woods'agreement?

They tried to immediately find a new set of exchange rates after Bretton Woods failed- it didn't relieve it much. They used a free-floating regime which is a very mixed bag of floating and fixed exchange rates.


Where can one view the latest exchange rates?

One can view the latest exchange rates at a number of places. A few places to find exchange rates are at XE, OANDA, CNN, Currencies Direct. Commonwealth Bank offers the service posting the latest exchange rates as well.


How much is england money worth in the us?

Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.


Who or what determines the exchange rates in the foreign currency market?

Currently exchange rates are determined by laws of supply and demand.


Where can you find the current USD to Rupee exchange rate?

One can find current exchange rates for USD to Rupee online from sites such as Dollar2rupee, X-Rates, Xe, Exchange Rates, Money.cnn, Oanda and Finance.yahoo.


Where can a tourist find information on exchange rates?

There are many places on the web where a tourist could find information on exchange rates. One looking for more information on exchange rates could look at sources such as X-Rates, CurrencyConverter, XE, and Yahoo Finance.