Posted by Batool on August 19, 2011 ·
The rate at which the currency of one country can be exchanged with another country’s currency is known as exchange rate. In other words, it may be said that it is basically the price at which you can buy another currency. If you are travelling to another country, you may suffer the requirement of the purchase of local currency.
Posted by Batool on September 10, 2010 ·
Exchange rates effect the economy a lot. This way the foreigners do not invest their capital as they are not comfortable and secure to invest money and the country having poor economy is left behind.
Posted by R. MAK. on November 24, 2009 ·
On Tuesday the euro rise against the dollar, reversing earlier losses as a firmer-than-expected German sentiment survey offset concerns about the country’s banking sector.A bigger-than-expected rise in the German Ifo November business climate index has helped the euro. The index rose to…
Posted by R. MAK. on November 23, 2009 ·
On Monday the euro has shown some advancement, hovering near the $1.50 level in New York trading as demand for the greenback has been hurt by the comments from a Federal Reserve official. The remarks helped in encouraging a broad rally in global stocks, oil, gold and higher-yielding currencies that reversed…
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World Economy
Posted by R. MAK. on November 22, 2009 ·
The Canadian dollar has drooped down against 13 of its 16 most-traded counterparts and it has gained only against the currencies of New Zealand, Australia and South Africa. The U.S. dollar has shown a rise against all but two major currencies as…
Posted by R. MAK. on November 21, 2009 ·
As the U.K. posted its worst deficit figures since the measurement start, the pound had a negative week against the U.S. dollar. This has decreased the attractiveness for the British currency which has performed positively in the week…
Posted by R. MAK. on November 20, 2009 ·
On Friday the dollar rise, giving an extension to the previous day’s gains as investors retreated from riskier assets, taking the shine off higher-yielding currencies such as the Australian dollar.Today Tokyo’s Nikkei average fell 0.5% and after the U.S. S&P 500 index suffered its worst one-day percentage fall in three weeks on…
Posted by R. MAK. on November 19, 2009 ·
On Thursday the dollar and yen shows a rise as a pullback in risk appetite amid falls in equity and commodity markets revived safe-haven demand for the U.S. and Japanese currencies…
Posted by R. MAK. on November 18, 2009 ·
On Wednesday the dollar fell against most major currencies as dealers took profits on the currency’s biggest rise in three weeks, having fresh data doing little to change the view that U.S. interest rates will remain at record lows well into 2010…
Posted by Batool on November 15, 2009 ·
Forex is very easy and simple to start with and it only needs some information. Forms include some agreements and highlights that the broker can link in any trade that does gain profit.
