what is the relationship of the peso dollar exchange rate to the law of supply and demand?

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what is the relationship of the peso dollar exchange rate to the law of supply and demand?

2006-09-25 01:41:07 · 2 answers · asked by avadore 2 in Business & Finance ➔ Other - Business & Finance

2 answers

THe rate of the peso to the dollar is the rate at which peso holders are willing to sell to buyers and buyers are willing to pay holders. If the demand for pesos drops or the supply increases, one can buy more for a dollar.

Philippine Peso 50.25 / $US1

2006-09-25 01:45:19 · answer #1 · answered by Sanmigsean 6 · 0⤊ 0⤋

Everything.

2006-09-25 08:49:52 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋