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Currency Trading

FX currency markets where international currencies are traded through the use of swaps, futures, spots, options and forward transactions

1,215 Questions

Whiy is the US Dollar no longer a strong currency?

Mostly bad government policy. Also a large amount of spending on non-income producing goods, like military spending.

When do Indian Rupees get strong compared to US Dollar?

The exchange rate is a relative.

So the Indian Rupee will get stronger (the rate will go lower) when the PERCEPTION of economic fundamentals are positive for India verses the PERCEPTION of fundamentals for the US.

There is another factor which is 'flight to quality'. There is a (false I believe) perception that the US is 'safe' and s, in times of uncertainty, people will gravitate toward the safety of the US Dollar. here is a similar perception held for gold.

How much 1 US Dollar in Philippine Pesos?

As at 04Dec09 1 US Dollar was worth 46.30 Philippine Pesos

What is lire money?

Lira (plural Lire) was the currency used in Italy before the Euro was introduced in 2002.

What is a British pound to a dollar?

1 British pound = 1.6746 U.S. dollars

There are several currency converters available on the Web. Here is one: http://www.expedia.co.uk/daily/resources/currency/default.aspx

What is the Italian Lir worth today?

Alongside much of European currency, the Italian lira was replaced by the Euro. Besides collectible value, which varies greatly, the currency does not carry value.

How much money is 500 dollars in English money?

Currency exchange values fluctuate daily. See the link below for the latest exchange rates.

What is difference between Chinese Yuan and Renminbi?

Yes they are the same, although to be strictly correct, Yuan is one of the subset of Renminbi (Ren Min Bi meaning People's Money) like US Cents are part of the US Dollar.

Generally, however, the terms are used interchangably.

What is exact mean by forex?

Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.

Is forex trade is haram?

To buy big chunk of share is not haram(Empty share not included). See who got the most portion, the father,the wife, the son. They have the power and influence. To do fx is no different when taking up blue chips.

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