Why do currency exchange rates fluctuate?

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Why do currency exchange rates fluctuate?

2007-05-20 12:45:48 · 1 answers · asked by Dave D 1 in Business & Finance ➔ Other - Business & Finance

1 answers

Supply and demand

Political stability or instability
Economic Swings
The phases of the Moon
Stockmarket volatility
Astrological signs

Confidence or lack of confidence in governments, banks, and financial institutions.

Everything effects the exchange rate to some extent at some times.

2007-05-20 12:52:26 · answer #1 · answered by Doc Hudson 7 · 0⤊ 0⤋