Can anyone tell me exactly how a country's currency is valued on the foreign exchange market?

4 Answers

  • 1 decade ago
    Favorite Answer

    No, nobody can.

    It is a market of supply and demand like any other market. The trust in a country may increase the value over another country. There will be more demand for that currency and the price goes up. That's about all there is to it.

    If anybody knew exactly how this worked they would be richer than any country.

  • 1 decade ago

    See links from page below

  • 1 decade ago

    Go on that may give you some idea

  • 1 decade ago


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