Archive for February, 2008

mutyalarao asked: We see that the Foreign currency exchange rates keep fluctuating daily…Who decide those rates and what are the factors and parameters that are considered for this?
Also who decides how much currency can a country create in tis mint?
Thanks in advance!!HERMAN

icy asked: I’ve got some US dollars and I want to exchange them to Hong Kong Dollars, but I don’t know how much to pay the exchanger. My friend says that you need to pay 10% of the money you want to exchange, is that true? Also, do they deduct the amount of money you [...]