What causes fluctuations in currency exchange rates?


Posted October 24th, 2009 by admin 1 Comment »
Currency Exchange
Vorsprung durch Technik asked:


Why does the value of one currency in respect of another constantly shift back and forth? I know it has something to do with economies, but can someone offer a detailed explanation?

how are currency exchange rates are fixed?


Posted October 22nd, 2009 by admin 5 Comments »
Currency Exchange
rajtaladi asked:


I wanna know how are exchange rates fixed for currencies, like we hear fluctuations in dollar price against rupee, in past ten months US $ has increased by 10 against the Indian rupee. what are the criterion that set the exchange rate?