Wednesday, December 25, 2013


Due to the ever-growing world trade fluctuations between the values of the currencies around the world also increased significantly. So follow the countries have different exchange rate systems available are currency against a foreign currency and the foreign currency market.These regimes are closely related to the monetary policy of the country. They both are actually dependent on several common factors. These regimes have proved to be beneficial particularly for developing countries as they can avoid serious fluctuations in their currency value.

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