Exchange Rate

The History of exchange rate simply describes the procedure and medium of exchange of money among people in ancient time. From the early period of time, people realized the requirement of maintaining a uniform and consistent medium of exchange. The early people did not have any central monetary authority, nor they had any concrete monetary policy to exchange money between each other. Nevertheless they successfully able to operate monetary transaction between each other.

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Foreign Exchange Markets
International Currency Exchange Rate
Forex Markets

 

Exchange Rate Mechanism

 

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