Question:

Why do currency rates keep fluctuating?

by Guest4483  |  12 years, 8 month(s) ago

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Why do currency rates keep fluctuating?

 Tags: currency, fluctuating?, rates

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  1. Guest7312
    When the demand of a particular currency goes up, its market price also escalates as compared to the other currencies in the market.
    Similarly, if the demand of a particular currency goes down, traders are no longer interested in holding it back with them, and so the market price of the currency also decreases, law of demand and supply.

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