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Foreign exhange rates

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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February 4, 2021 at 1:01 pm #609139
draiells
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Kindly explain how capital nature transactions influence Fx rates in terms of supply and demand
February 4, 2021 at 4:15 pm #609159
John Moffat
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Just as with everything, then if demand for a currency increases then the price of the currency (the exchange rate) will increase.
If everyone is buying flowers for Valentine’s Day, then the price of flowers increases. The same thing happens with currencies 🙂
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