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What are some of the main causes for fluctuations in foreign currency exchange rates?
Some of the main causes for fluctuations in foreign currency exchange rates are differentials in inflation and differentials in interest rates. Others include currency-account deficits and public debt.
What is the market for foreign currency exchange?
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
Is barter the main means of exchange in command economy?
No, barter is not the main means of exchange in a command economy. In such economies, the government typically controls production and distribution, determining what goods and services are available and their prices. Currency is usually used for transactions, but the government may heavily regulate or control the flow of money. Barter may occur informally, but it is not the primary method of exchange.
What is a foreign exchange market?
The Foreign Exchange Market is an amalgamation of global currency trading. It allows international trading in currency by determining the relative values of different currencies.The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.
What was the main reason for the growth in the slave trade?
For workers the people didn't have to pay.
What are some of the main causes for fluctuations in foreign currency exchange rates?
Some of the main causes for fluctuations in foreign currency exchange rates are differentials in inflation and differentials in interest rates. Others include currency-account deficits and public debt.
What is the market for foreign currency exchange?
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
Safest currency for the future invstment?
A currency future, which is also narrated as FX future or foreign exchange future, is a future contract. This is the currency that is used in international market to exchange currency. All country use this main currency as their reserve and deal with other countries in this FX currency.
What is the currency of china and how many would you get for a pound?
As of 2013, China's currency is called the renmimbi; the main unit is called the yuan. Since exchange rates constantly change, go to an online site specialized in currency exchange (for example, the XE site), to get the latest exchange rate.
Are Saudi riyals accepted in Qatar?
Yes you can, they both have similer value.most GCC countries Accept it, at main cities and main markets
What is main currency and language?
Great Exchange Rates, Easy to Use, Smart way to carry
What was the main benefit of a single European currency?
The complete elimination of both exchange rate risk and currency conversion costs within the European Union
What is the main currency traded by the Avanza Bank?
The main currency traded by the Avanza Bank is Swedish Krona. It is a web-based service for many Nordic countries and deals on the Swedish Stock Exchange.
Where were tulips traded from during the Columbian exchange?
The Netherlands were the main receiver of Tulips. They were even used as currency!
What would the exchange rate be on fractional currency?
First, the term fractional currency is used in relation to a main currency - the U.S. dollar or the euro, for example. A fractional type of currency is oftentimes 1/100 of the main currency. It simply depends on what you are converting to. For example, one dollar would be equivalent to 100 cents.
Why is it useful to know the current US currency exchange rate?
The main benefit of knowing the currency exchange rate is if you are traveling outside of the country so you know exactly what your money is worth at a given time. Keep in mind that exchange rates can vary day to day. So be careful out there.
What possibilities are there to exchange money into another currency?
When looking to exchange money to another currency this would be possible by going to a main Post Office. Smaller Post Offices offer the service with advance notice being given by the customer ordering the foreign currency. High street Banks also offer currency converting as well.
