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- Currency Trading
Currency trading is taking advantage of shifting foreign exchange rates. The exchange rate between two currency types specifies what one currency is worth in relation to another currency.
- Money Exchange Rates
Due to the fluctuations in money exchange rates, the amount you got for five hundred US dollars the year before may not match what you are offered today.
- Currency Exchange Rates
There are some main types of currency exchange rates. These include fixed exchange rate, floating exchange rate, and linked exchange rate.
- Foreign Currency Rates
Most foreign currency rates change all the time. Foreign currency rates that do change on a daily or even hourly basis are called floating currencies. This is determined by market forces.
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