who determine the money exchange rates between the countries ?
January 15th, 2009 | by mon-ex |
Donald K asked:
where is the reserve of a country kept ? and can it be checked ?
BERTRAM
where is the reserve of a country kept ? and can it be checked ?
BERTRAM
2 Responses to “who determine the money exchange rates between the countries ?”
By rovendinoalui on Jan 17, 2009 | Reply
a few guy sitting around a table with a bunch of telephones. Even money is being traded as commodities. Its’ about supply and demand.
By JD on Jan 18, 2009 | Reply
For the act of canada wants to keep the amount of its canadian dollar strong against the price countrys cash reserves are set in the national banks in order to give up in order to the american dollar since it would be increasing demand for the vaults belonging to give up the american dollars at reduced price.