Currency news

Exchange rates – Finance for everyone

On financial information sites or specialized pages of newspapers, we can read for example EUR/GBP=0.8250/0.8252. The first prize is sales course of the first currency mentioned, here the euro. The second prize is purchase price of the first currency. In explicit terms, EUR/GBP=0.8250/0.8252 means that one Euro (EUR) sells for 0.8250 Pound Sterling (GBP) and […]

Currency news

Foreign exchange market (Forex) – Finance for everyone

Like any market, it also has the function of determining exchange prices, that is to say the exchange rate between each pair of currencies. The largest market in the world In 2019, the Bank for International Settlements (BIS) report on the triennial survey of central banks estimated the daily trading volume at nearly $6.59 trillion. […]