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Who or what determines the exchange rates in the foreign currency market?
Currently exchange rates are determined by laws of supply and demand.
How are wages determined in a free market?
by the laws of supply and demand
In what type of system is the price determined by supply and demand?
the market system!!!!
If the supply and demand for currency determines the exchange rates this is called?
floating
How are prices established in the foreign-exchange market?
As in all other market, prices of the currencies pairs are determined by the supply and demand of the market. When the demand is higher than the supply the price increases and vice versa.
Who or what determines the exchange rates in the foreign currency market?
Currently exchange rates are determined by laws of supply and demand.
How are currency exchange rates are calculated?
Currencies exchange rate are not calculated but determined by the market supply and demand. If the demand is higher than the supply the price will go up and vice versa.
How the foreign exchange rate is calculated?
the foreign exchange rate is determined by the supply and demand of the market. If the demand of a certain currency pair is greater than the supply the price will rise and vice versa.
How are wages determined in a free market?
by the laws of supply and demand
How are spot exchange rates determined?
Spot exchange rates are determined by the forces of supply and demand in the foreign exchange market. These rates reflect the current market value of one currency in terms of another currency, and they can fluctuate based on various factors such as economic indicators, geopolitical events, and market speculation.
In what type of system is the price determined by supply and demand?
the market system!!!!
If the supply and demand for currency determines the exchange rates this is called?
floating
How can price be determined in a free market economy?
Price in a free market economy is determined by the interaction of supply and demand. When demand for a product exceeds supply, prices tend to rise. Conversely, when supply exceeds demand, prices tend to fall. This price mechanism helps allocate resources efficiently based on consumer preferences and production costs.
How are prices established in the foreign-exchange market?
As in all other market, prices of the currencies pairs are determined by the supply and demand of the market. When the demand is higher than the supply the price increases and vice versa.
What are foreign currencies?
Convert one type of currency into another at a given exchange rate. That rate is determined by the supply and demand of the desired currency plus processing fees and/or commissions charged by the retail institution. The market where everyone can exchange currency into another called Forex (foreign exchange) market.
Flexible exchange rates are determined by?
By the demand and supply of currencies in the global exchange market.
What are the basic factors that determine the value of the currency?
The value of a currency is primarily determined by supply and demand in the foreign exchange market, along with factors such as interest rates, inflation rates, political stability, and economic performance of the country issuing the currency. Market speculation and central bank interventions can also influence the value of a currency.
