It doesn’t take much of a genius to figure out that money is probably the most important thing in life. Forget what some say that money can’t buy happiness and all that self-development stuff; it’s just something poor people say to keep them from cracking down. Still, while money is all that important, that doesn’t necessarily mean you need be a rich person to appreciate that. You just need to understand what affects the value of the money you earn, so you could act accordingly. Foreign exchange rates play a major factor in how much the money you earn in your country is worth. It’s basically how much your currency is currently worth in other foreign currencies.

How do foreign exchange rates work?

It’s basically a business like any other. Foreign exchange traders trade currencies all day long, and it’s them who decide…

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Source: https://thebitcoinnews.com/what-affects-foreign-exchange-rates-and-how-they-work/