The buying price for a currency exchange rate, also known as the bid price, can be thought of as the exchange rate at which the MARKET is willing to BUY at. The selling or 'ask' rate is the ...
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After seven months of implementing a crawling peg exchange rate system in spot purchases and sales of US dollars, the ...
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...