How currency rates are determined

by Barry Marcus

There was a time not so long ago when currencies were linked to gold. A typical bank note would say "I promise to pay the bearer the sum of $100 in Gold" or words to that effect. All currencies were fixed in relation to...read more

by Tim Hawthorne

The study of how currency rates or exchange rates are determined is studied in economics. It is studied in the stand of economics called macroeconomics. There are two different types of exchange rates a country can enforce...read more

by aforlan

The foreign exchange trader could get money from the volatility of currency rates. In one day, the currency can move unpredictable. The foreign currency becomes the profitable business recently. They need foreign currency...read more

by Sithambaranathan Prithiviraj

The currency rates means that a particular currency is converted at a particular rate at a particular time for the payment or receipt of money to overseas or from overseas. For example if you sell goods worth in US dollars...read more

by Just a gal

Hi. I must confess that I am a layman when it comes to the knowledge of currency exchange. By layman, I mean I am not like the professional banker out there who had years of experiences with the currency exchange. By layma...read more

by a random chaosboy

The world's currency market fascinates experts and amateurs alike. For traders it is the grandest of the arenas in which economic theory and policy play out in the harrowing daily drama unique and ubiquitous to financial ...read more