Know More About Exchange Rate

KNOW MORE ABOUT EXCHANGE RATES EQUIDIOUS RESEARCH +1(347)434-9044 www.equidiousresearch.com

An exchange rate is the price of a nation’s currency in terms of another currency.

An exchange rate has two components, the domestic currency and a foreign currency, and can be quoted either directly or indirectly.

For Best Forex Signals www.equidiousresearch.com

For Best Forex Signals www.equidiousresearch.com

Why do Exchange Rates change?

Exchange rates fluctuate due to one major factor: global demand and supply. The more in-demand a particular currency is, the more its value will increase.

For Best Forex Signals www.equidiousresearch.com

Why do Exchange Rates change?

Exchange rates are also influenced by countries’ rules and actions that govern their currency, known as their fiscal policy.

Interest rates play a large role in exchange rate fluctuation.

For Best Forex Signals www.equidiousresearch.com

Breaking down 'Exchange Rate'

An exchange rate has a base currency and a counter currency.

For Best Forex Signals www.equidiousresearch.com

For Best Forex Signals www.equidiousresearch.com