Tag Archives : currency conversion

Working Of Forex

Working Of Forex

Forex is the world largest financial market. Can you imagine its daily turnover rate is US$1.9 trillion and that is a great amount of money? Who will not like to get in to Forex market?

What is Currency?

What is Currency?

The means of purchasing through trade is known as Currency. Today, generally currency refers to printed or minted money. Sometimes only paper bills are considered as a currency, while other times coins are also included in currency. The exchange of goods or services for cash is…

What do you understand by Fixed Exchange Rate?

What do you understand by Fixed Exchange Rate?

A fixed exchange rate, is sometimes also referred to as a pegged exchange rate. It is a type of exchange rate regime in which a value of one currency is matched to the value of another single currency or to a group of other currencies, or it may also be matched to…

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