Posted September 16th, 2010
by admin
illiterate asked: If 5 bucks of Country A = $1 and 1buck of country B= $5, which country is doing well?
Tags: Currency Exchange Rate, Currency Rate, Economy
Posted in Economics | 4 Comments »
Posted August 24th, 2009
by admin
Fady Y. S. asked:
How can the currency exchange rates be calculated? and on which parameters does it depend?
For example, Kwaiti Dinar has the highest currency value (1 Kuwaiti Dinar = 3.79176 U.S. Dollars), does that mean Kwait’s economy is stronger than the U.S.? or the exchange rates are measured upon factors other than economy?!
Tags: Currency Exchange Rates, Economy, Kwait
Posted in Economics | 2 Comments »
Posted March 11th, 2009
by admin
♣Vincent♣ asked: The system of currency exchange rates has always facsinated me.
I could have $100, convert it into ₤49.34, then convert it back the next day to $101. Why do currency rates have to change every day?
Is this somehow helping the economy? Or is it hurting it?
Tags: Currency Change, Currency Exchange Rates, Economy
Posted in Economics | 4 Comments »
Posted March 2nd, 2009
by admin
davethewave asked:
I’d like to learn Forex trading, I need to know what skills are required, technical jargon, how a positive or negative occurrence in the economy will affect any certain currency pair and I’d really prefer to learn this free since I do not have a whole lot to start with. Thanks!
Tags: Currency, Economy, Occurrence
Posted in Investing | 5 Comments »