- #1
teodorakis
- 88
- 0
Hi,
I would like to ask about how the exchange rates are determined. I understood the concept of supply and demand, but my question is more technical than conceptual, i mean where is the information of the rates are coming from? Is there any center that keeps the track of, for example every single dollar in the world or any other currency? I hope i can explain myself, i know my question is ridicilious but i can't seem to find it on the net and can't find a palce to ask:)
I would like to ask about how the exchange rates are determined. I understood the concept of supply and demand, but my question is more technical than conceptual, i mean where is the information of the rates are coming from? Is there any center that keeps the track of, for example every single dollar in the world or any other currency? I hope i can explain myself, i know my question is ridicilious but i can't seem to find it on the net and can't find a palce to ask:)
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