Supply and demand. It works much like stock market trading. The value of foreign currency differs from country to country, and such value may change the whole time foreign exchange trading is open in that country (a good part of a working day). Exchange rates don%26#039;t change on weekends and holidays. The higher the demand for a foreign currency in a country is, the lower its local currency will trade against such foreign currency, and vice-versa.
Why is the exchange rate for money always changing?
The very short answer is supply and demand which is affected by many factors including each country%26#039;s economy, inflation, and interest rates.
Why is the exchange rate for money always changing?
Simple. People buy money when needed and sell the same when they do not need. So the demand and supply decides the rate of the currency.
Why is the exchange rate for money always changing?
depending demand
Why is the exchange rate for money always changing?
Supply and demand for the currency.
Inflation,GDP of the country.
Political stability of the country.
Current account balance of the country.
Why is the exchange rate for money always changing?
Yes, it%26#039;s the law of supply %26amp; demand, but you have to understand that money is a commodity, like fish, that can be bought %26amp; sold. It is not just the stuff that we all use daily.
Why is the exchange rate for money always changing?
i%26#039;m not racist some of my favourite #exual liasions have been with non white lady%26#039;s
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