Twin Cities Business Daily

Exchange rate?

Why does the exchange rate vary?

Public Comments

1. There are a lot of economic factors that affects any country exchange rate. The exchange rate in turn respond to the law of demand and supply. A $1 now could be higher or lesser than a $1 in the next 5minutes. It depends on fundamental events affecting the country, as in this example above USA. A good ecomony attract investors who demands for a currency of any country positively while a bad econony detract investors. Other economic indicators are employment situation, nonfarm payrol, gdp, interest rate, consumer index, ism manufacturing and non manufactoring index, national economy polities etc etc.