Money Management & Personal Finance : What Determines the Foreign Exchange Rate?

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Money Management & Personal Finance : What Determines the Foreign Exchange Rate?

To determine the foreign exchange rate for different currencies, check the local paper for exchange rates, and pay attention to the inflation rate. Avoid exchanging money with countries that spend more money than they bring in with advice from a financial consultant.

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December 19 2009 06:25 am | Foreign Exchange Forex

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