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The currencies rate is decided by the supply and demand of the market.
The higher the demand, the higher the price and vice versa.
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∙ 11y ago
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How the rate of currency is fixed?
The rate of currency is usually fixed based on the stock exchange.
What is the current dollar foreign exchange rate?
Currencies always roll in pairs. To determine what is the rate of USD first you need to decide against which currency. For example: EUR/USD, USD/CAD etc'
What are exchangs rates?
Exchange rate is the rate at which one currency is exchanged for another.It is the price of one currency in terms of another currency.
What is the relationship between Interest rate parity with exchange rate?
Exchange rate is the rate at which one country's currency is changed for another country's currency. For example the rate at which one dollar can be changed for pound sterling or any other currency.
Define exchange rate?
The exchange rate is the value of one currency in relation to another currency. It determines how much of one currency is needed to purchase a unit of another currency. Exchange rates fluctuate based on market forces, such as supply and demand, economic indicators, and geopolitical events.
What is the current dollar for foreign currency rate?
Against what currency?
What is a currency whose value is determined by the supply and demand for the currency in the market?
Pegged currency ^For me on apex 2022 :)
What is the rate at which one currency is converted to another currency called?
I believe you're looking for the term "exchange rate."
What is the current exchange rate of ther currency to the us?
Incomplete question as you need to specify which currency to get the exchange rate
What is the currency and exchange rate in Spain?
Euro same as every were else in Europe. exchange rate to what other currency?
What is the current dollar for foreign currency exchange rate?
Against what currency?
What currency was zloty?
THe Zloty IS the currency of Poland... and will remains so until they decide to adopt the Euro.
