Welcome, Guest

Login Register
Forex question How are exchange rates determined?
avatar Reyniel
Question by: Reyniel - 23 Feb 2017, 00:23:17
How are exchange rates determined?
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
Answers (1)
avatar user 11957
Answer by: Phoebe - 23 Feb 2017, 00:29:18

It is worth remembering that the main international banks all function as market-makers which means they constantly have a bid and an offer in the market. They don't just invent a price when someone asks them. They have a commitment as market-makers to always have a visible bid-offer.

&lt;a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK"&gt;InstaForex&lt;/a&gt;
Answer the question
Submit Cancel