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Forex Exchange rate is the rate of exchange for currencies that are Foreign to us or from different countries. You may want to check out a Bank Website. www.td.com www.royalbank.com
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How do you write forex exchange rate equation?
$1 = PKR 85
What is the Forex rate for Malaysia?
The foreign exchange rates for Malaysian currency depends on the currency that one is exchanging. For example, the U.S. dollar has a forex rate of 3.1.
What do Forex Converters do?
Forex Converters are used to determine the best current rate-of-exchange between certain currencies and to convert exchange rates between particular currencies.
What is exact mean by forex?
Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.
What is the current foreign exchange rate for currencies?
You can update the foreign exchange rate of currencies in the Internet or on forex brokers, such as alpari.com/#informer=quotes or any other ones.
What does forex arbitrage mean?
Forex arbitrage is forex trading strategy where an individual locates a currency exchange rate that is incorrectly priced, and then utilizing this with another currency pricing to create a profitable trade.
Where did forex prices come from?
Forex prices are influenced by many factors but the people who actually set the prices are the banks. All Forex prices are based on the current exchange rate set by the bank.
What maxim is followed by the forex dealer when indirect method of exchange rate quotation is used?
buy high sell low
What are forex futures are what are their purpose?
Forex futures are agreements to buy certain amounts of stock for a set price and set for a future date. They serve two purposes. Investors use them to predict and to profit from currency exchange rate fluctuations. They also serve the purpose to remove the risk of losing money from exchange rate changes.
What is the purpose of a Forex chart?
A Forex chart shows the currency exchange rates for the world. One can use it to see what the current rate is for investment purposes. This is an important tool for use in global stock trading.
How do you calculate spot exchange rate?
To calculate the spot exchange rate, you need to compare the value of one currency to another currency in the current market. This can be done by researching the currency pairs on financial websites or consulting with a forex broker. The spot exchange rate represents the current rate at which one currency can be exchanged for another without any delay or added cost.
What is the forex calculator?
The forex calculator is the foreign exchange rate between two or more countries. This fluctuates minute by minute, often determined by politics. Forex calculator can be programmed to calculate Pivot Points, Fibonacci levels on your PC even without Internet connection.
