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Free Market Exchange Rates

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Free Market Exchange Rates

  • Category : Forex - Admin
  • 2019-08-27 12:33:19

Free Market Exchange Rates

The exchange rate in which the value of the currency is determined by the free market.

That is, a currency has a floating exchange rate when its value changes constantly depending on the supply and demand for that currency, as well as the amount of the currency held in foreign reserves.