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  2. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.

  3. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

  4. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    This is a list of countries by their exchange rate regime. [ 1] De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating) Soft pegs ( conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands) Hard pegs ...

  5. How are currency exchange rates determined? - AOL

    www.aol.com/currency-exchange-rates-determined...

    There are two main —fixed and . In a fixed exchange rate system, a government or central money maintains a currency’s value, allowing little to no fluctuation. In contrast, floating exchange ...

  6. Exchange current density - Wikipedia

    en.wikipedia.org/wiki/Exchange_current_density

    The exchange current density is the current in the absence of net electrolysis and at zero overpotential. The exchange current can be thought of as a background current to which the net current observed at various overpotentials is normalized. For a redox reaction written as a reduction at the equilibrium potential, electron transfer processes ...

  7. Floating exchange rate - Wikipedia

    en.wikipedia.org/wiki/Floating_exchange_rate

    In macroeconomics and economic policy, a floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which a currency 's value is allowed to fluctuate in response to foreign exchange market events. [ 1] A currency that uses a floating exchange rate is known as a floating currency, in ...

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