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What determines the exchange rates?

Updated: 8/19/2019
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12y ago

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Foreign exchange markets

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Q: What determines the exchange rates?
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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.


What is a fx trader?

"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?

floating


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.


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?

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.


What are Canadian Auto Insurance rates?

Depending on where you live in Ca.nada determines your auto insurance rates. In some areas the government determines your rates. Other areas require personally bought insurance


What determines supply and demand in the foreign-exchange market?

Supply and demand in the foreign-exchange market are determined by changes in many market variables, including relative price levels, real interest rates, productivity, product preferences, and perceptions of economic stability.


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.