MT4
MT4
Difference between fixed and variable exchange rates
Fixed Exchange Rate: A fixed exchange rate system is a system in which a country's national currency (such as the dollar, euro, pound sterling) is valued at a fixed rate against another currency (usually the US dollar). This rate is usually set by the government or central bank and is not changed. Fixed exchange rate systems aim to keep the values of currencies stable. Advantages: Export and import […]
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