How are the currency exchange rates determined daily?
mutyalarao asked:
We see that the Foreign currency exchange rates keep fluctuating daily…Who decide those rates and what are the factors and parameters that are considered for this?
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We see that the Foreign currency exchange rates keep fluctuating daily…Who decide those rates and what are the factors and parameters that are considered for this?
Also who decides how much currency can a country create in tis mint?
Thanks in advance!!
January 28th, 2009 at 8:39 am
It depends on the demand and supply of a particular currency. From