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What are foreign exchange rates?
Foreign exchange rates are currency exchange value of other countries.
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 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 trading and what are the types of trading?
Currency trading is buying foreign currency and converting it to your currency. Foreign currency when converted to US currency is worth more than the American dollar. In order to do this you need to know the exchange rates.
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 the cheapest foreign exchange option available for exchanging currency?
The cheapest foreign exchange option for exchanging currency is typically using a no-fee credit card or debit card that offers competitive exchange rates.
What was the live Forex rate for the dollar vs euro at March 24 2013?
Forex rates, or foreign exchange rates are the rates that one currency is worth when exchanged for another. 1 dollar was worth 0.77 euros in March 2013.
What are foreign exchange rates?
Foreign exchange rates are currency exchange value of other countries.
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.
Difference between Spot Exchange Rate and Exchange rate?
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
What is the best option to exchange currency in UAE?
Its best to go to a bank for it as most bank offer easy foreign currency rates for 19 different currencies, at a minimum. The exchange rates are highly competitive and small amount exchanges can be done straight away.
What is the definition of exchange rates?
the ratio at which a unit of the currency of one country can be exchanged for that of Another Country. (www.dictionary.com)
Where can I exchange currency for the best rates?
You can exchange currency for the best rates at banks, currency exchange offices, or online platforms that offer competitive rates. It's recommended to compare rates and fees before making a decision.
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.
Where do you get the cheapest foreign currency rates?
To get the best foreign currency rates you should go to a bank as there is minimal charges involved. Also, you can choose from a wide array of foreign currencies and also get the approval within hours.
What is the best place to exchange currency in Scotland?
There are a variety of places where foreign currency can be exchanged - banks, travel agents, bureau de change etc. It is best to try and avoid the exchanges in Airports as these tend to have poorer exchange rates. Most travel agents will carry out an exchange free of commission, but it is best to shop around.
What is the significance and difference in foreign currency exchange rates?
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.
