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Forex Trading How is the exchange rate determined?
avatar Mymelody
Question by: Samanthar - 19 Jan 2016, 09:25:57
How is the exchange rate determined?
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Answers (1)
avatar user 8541
Answer by: Jeremy - 20 Jan 2016, 09:43:04

The exchange rate is in between the Inter-bank rate (the truest exchange rate) and the rate offered by high street banks and Bureau de Changes.

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