Foreign exchange rate determine with various factors like 1.GDP- Gross Domestic Product2.Policy of the country like Monetary & fiscal policy3.Per capita income4.IIP- index of industrial...
1) Trade (exports/imports) 2) Interest Rates - increasing the interest rate causes 'hot' money to flow into the economy, therefore the demand the domestic currency increases, therefore the currency...
The foreign exchange market is the made up of 2 components. First the Spot rate. This is the exchange rate at the present time. The spot rate on FX changes every second and is constantly updating....
Currency rates fluctuate on a variety of factors. Ranging from the country's economic health to general investor sentiments. Also combine a factor of the bullish and bearish markets, and you have...