The Foreign Exchange Supply and Demand (part 8)
In part 6 I wrote: “Why do you think the price of any good, any commodity or even the exchange rate of any nation varies? It depends on two forces, they are the supply and demand for the good, the commodity or the exchange rate. ……..
The value of a nation’s currency, under a floating exchange rate, is determined by the interaction of supply and demand. The ...Continue Reading →