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The differences in foreign currency exchange rates is also called a spread.
The size of the spread determined by the liquidity of the pair, the amount of buyers and sellers.
What else can I help you with?
Can you still exchange foreign currency that is uncirculated?
we can exchange foreign currency of leats of banks
What is the currency and foreign exchange code of Bolivia?
The currency in Bolivia is Boliviano and the foreign exchange code of the currency is BOB.
What factors create a foreign exchange gain on a foreign currency transaction?
An appreciation in a foreign currency creates a foreign exchange gain when the foreign currency is to be received. A decrease in the value of foreign currency creates a foreign exchange gain when the foreign currency is to be paid. (Hoyle, Schaefer, Doupnik, 2009, pp. 328)
What do you mean by foreign exchange?
Foreign Exchange is Exchange between two currency.
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
What is the foreign exchange?
Foreign exchange refer to the act of exchanging one country's currency by a different country's currency.
What is a foreign exchange?
Foreign exchange or Forex refer to exchanging one country's currency by another country's currency.
What is difference between money market and foreign exchange market?
Foreign exchange market is a market where foreign exchange currency problems are resolved in international trade. Where as Money market is for the lending and borrowing of short term loans.
What is the difference between a floating and a pegged exchange rate?
pegged exchange rate is officially fixed in terms of gold or any other currency in foreign exchange. Floating exchange rate is flexible rate in which value of currency is allowed to adjust freely determined by the supply & demand of foreign exchange
What is the difference between the stock market and the currency exchange market?
Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market.
How can i learn about foreign currency exchange online?
Online you are sure to find a lot of information about foreign currency exchange. XE and OANDA are two very common foreign currency exchange calculators that can be used online.
What are foreign exchange rates?
Foreign exchange rates are currency exchange value of other countries.
