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Sunday, May 22, 2011

Forex Exchange rates

Forex Exchange rates:

- Is the price of money in one country in terms of money and other country

- When the Indian rupee depreciated against the U.S. dollar, it shows that demand for the latter is more than what is offered.


- When the supply of U.S. dollar is more demand than it is, it declaims in value against the Indian Rupee.

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