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Über Abe The Economist

showing economics is not about money but about strategy

Economics is not just about stocks and bonds, but a way thinking. If you would like to know how economics is part of your everyday check out my page and I appreciate your support.

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Types of exchange rate An exchange rate comparative price of one currency compared to another. The most common comparison is to the US dollar. How the exchange rate is made by two systems: Floating exchange rates is where the forces of demand and supply determine the value of an exchange Fixed exchange rates where the government/central bank sets the value of currency relative to the US dollar. Th...