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This article describes about exchange rates of currencies. An exchange rate has a domestic currency and a foreign currency, and can be quoted either directly or indirectly.<br><br>Equidious Research provides the best Forex Signals, comex signals and stock signals with 100% transparency, 80% accuracy and 25% monthly returns. For more info, visit us at www.equidiousresearch.com
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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
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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
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