How Do Banks Set the Exchange Rates? fortunetelleroracle.com
Let’s take an example in this regard. There is a rate at which 160 Pakistani Rupees can buy 1 US Dollar. It means 160 Pakistani Rupees has been exchanging for one U.S. Dollar or vice versa. It is important for an investor to know the value of the home currency. Once he has the complete information, only then he should invest in foreign markets. If a U.S. investor is investing in the European market, then he should know the dollar to euro value. If the dollar value is decreasing
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