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What determines the exchange rates?

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Anonymous

13y ago
Updated: 8/19/2019

Foreign exchange markets

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Wiki User

13y ago

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

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


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"Fx trader, or Foreign exchange market, is a global financial market to show the current foreign exchange on currencies. It determines the currency exchange rates."


If the supply and demand for currency determines the exchange rates this is called?

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What are foreign exchange rates?

Foreign exchange rates are currency exchange value of other countries.


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.


Where can I exchange currency for the best rates?

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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.


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?

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What factors determine how exchange rates are based on?

Exchange rates are determined by factors such as interest rates, inflation, political stability, and economic performance of a country. Supply and demand for a currency also play a significant role in determining exchange rates.


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

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