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Forex Tutorial: How to Read a Currency Quote 🙌
 
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How to read a currency quote http://www.financial-spread-betting.com/forex/forex-trading.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Let's look at some examples; EUR/USD - 1.32 - the currency on the left hand side is called the base currency. When trading a currency you are always trading one currency against another i.e. you trade them in pairs in relation to each other. For one EUR how many US Dollars do I get - and the answer to that is 1.32 USD/JPY - 102.5 For 1 USD you get back 102.5 Japanese Yen. GBP/USD - 1.58 For 1 Pound Sterling I get back 1.58 US $ EUR/USD 1.32 - 1.33 USD/JPY - 102.5 - 102.6 GBP/USD - 1.58 - 1.59 Let's say we go long GBP/USD - what we are doing is going long GBP, short USD i.e. buying Pound and selling Dollar. When we see a broker with a currency quote we will see two quotes say GBP/USD: 1.58 - 1.59. If we want to buy this we would need to buy at the ask of 1.59
Views: 5946 UKspreadbetting
Key concepts: currencies, quotes, spread
 
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This video will introduce you to the key concepts of the forex market, such as a currency, quote, and spread. You are going to face these instruments at the initial stages of operating on the foreign currency market. Thanks to the video lesson, you will be able to understand ins and outs of the forex performance and set about trading with the essential scope of knowledge.
Views: 6764 Instaforex Egypt
CFA Level I- 2015 -Economics : Currency Exchange Rates
 
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FinTree website link: http://www.fintreeindia.com This series of videos disscusses the following key points: Functions of and participants in the foreign exchange market Percentage change in a currency relative to another currency Currency cross rates Forward quotations expressed on a points basis or in percentage terms into an outright forward quotation Arbitrage relationship between spot rates, forward rates, and interest rates Forward discount or premium Forward rate consistent with the spot rate and the interest rate in each currency Exchange rate regimes Effect of exchange rates on countrie's international trade and capital flows FB Page link :http://www.facebook.com/Fin... We love what we do, and we make awesome video lectures for CFA and FRM exams. Our Video Lectures are comprehensive, easy to understand and most importantly, fun to study with! This Video lecture was recorded by our popular trainer for CFA, Mr. Utkarsh Jain, during one of his live CFA Level I Classes in Pune (India).
Views: 28673 FinTree
How Exchange Rates Work
 
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● We explain topics simply. So Subscribe if you want to learn while being entertained. ✔ Please like the video and comment if you enjoyed - it helps a lot! ▶ If you want a question answered then ask in the comments and we may make a video about it! About the video: You may have traveled a lot and wondered why you get more of one currency when you exchange it for another. If so, you have witnessed exchange rates in action, but do you know how they work? Watch the video to find out what exchange rates are, how to convert between them and the different systems which determine a currencies exchange rate. Historically the gold standard system had been used, which fixed currency to a select value of gold, held in a vault. The three main systems are the floating, managed and fixed exchange rate systems. The floating system has minimal government intervention, using supply and demand to determine the exchange rate. The managed exchange rate is allowed to be within a permitted band and a fixed exchange rate is usually pegged to a currency with the interest of being competitive in the international market. The video explains this in more detail and with helpful picture to guide you through the subject.
Views: 373050 SimplyExplain
Financial Management - Forex - Exchange Rate quotes
 
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This Video explains the Different currency quotes in foreign Exchange Management in Financial Management. This video will be helpful for CA, CS, CMA Students.
Views: 10577 CA Gopal Somani
WordPress Currency Converter Plugin
 
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A cool way to add a currency converter to your WordPress website. Make an awesome WordPress website (2019): https://www.youtube.com/watch?v=qzpHvWVeVvk
Views: 16140 eMediaCoach
Calculating Prices in different Currencies using Exchange Rates
 
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If you know the exchange rates of two currencies, you can calculate the prices of goods in one country in another country's currency. This lesson walks you through several problems in which calculations of different exchange rates allow us to determine how much goods and services in one currency will cost in terms of another. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 17931 Jason Welker
Lesson 2 - Pair characteristics (the majors and the crosses)
 
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Understanding Forex Pairs Forex pairs are divided into two broad categories. There are the majors that include the most frequently traded and most liquid currency pairs and the crosses. The majors all include the USD as either the base or quote currency. The cross currency pairs do not include the dollar because they "cross" two other currencies with each other. The Majors The most actively traded currency pairs are the majors. These are all crossed with the USD and make up the majority of annual trading volume in the forex market. For example, according to the Bank for International Settlements the EUR/USD makes 27% of all forex trading alone. If you combined the trading volume of the EUR/USD with the GBP/USD and the USD/JPY you would have captured 52% of annual trading volume. Most traders start their forex career by becoming familiar with the most popular majors before beginning to trade the crosses or smaller major pairs.
Views: 354726 Alpari UK
Imports, Exports, and Exchange Rates: Crash Course Economics #15
 
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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 936342 CrashCourse
What is Exchange Rate : Explained with Animation
 
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This Video Explains the following: 1)Exchange Rates. 2)Why the value of Currency Fluctuates. 3)How the value of a currency is decided. 4)How Demand of Goods influences the Value of a Currency. For More Animated Explanations under 5 minutes, Subscribe to Science Digest. (Suggestions/Errors, please let us know. We appreciate it.)
Views: 69950 Science Digest
Best Currency Converter
 
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http://www.ForexConspiracyReport.com - Best Currency Converter There are many currency converters available for comparing currency rates. The best currency converter will be one that provides up to the minute exchange rates in an easy to read format and follows standard procedure for quoting currencies. The best currency converter will allow traders to gain a quick snap shot of the currency markets while trading a given currency pair. The best currency converter will be an asset to companies doing business internationally in that it will provide both the spot rate and the forward rate for all major currency pairs. The spot rate of exchange is the rate for purchase and delivery of a currency today. The forward exchange rate is the exchange rate that is quoted and traded today but refers to payment and delivery on a specified date in the future. The best currency converter will follow protocol for quoting currencies. In quoting and in trading currencies there is a base currency in which terms the other currency is quoted. The quoted currency is actually called to quote currency. The standard procedure for choosing which currency is the base and which is the quote follows this list. 1. EUR 2. GBP 3. AUD 4. NZD 5. USD 6. Others Thus the US dollar is always quoted in terms of the Euro, the Yen in terms of the US dollar, the Swiss franc in terms of the pound, and so forth. When each currency is listed in the other category the convention is to use the weaker currency as the base so that the exchange rate is greater than 1. That having been said nations such as Great Britain and Japan commonly use their currency as the base currency for trading on home soil. When a quote is made using a nation's home currency as the quote currency the quote is known as a direct quotation or price quotation. Here the home currency is always listed as 1.00. When the home currency is the unit currency, 1.00, it is known as a direct quotation or quantity quotation. This sort of quote is common in newspapers in the British Commonwealth as well as the EU. The best currency converter will allow the user to choose the means of delivering the quote in order to make things clear to the user. The best currency converter will also follow standard convention in the number of decimal places used for the quote currency. When values are close the standard is four decimal places for spot transactions with the last being referred to as a pip. It is common to issue quotes to six decimal places for forwards and swaps. There was some variation to this routine when it took 1,000 units of one currency to match 1 unit of another. More recently large international banks have become quoting all transactions with at least four decimal places. The best currency converter will allow the user to see rates quoted in an updated fashion. The last job for the best currency converter is to provide buy and sell quotes as these represent the real world currency spread present in Forex markets.
Views: 6698 ForexConspiracy
How to make money on the Forex market?
 
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Watch our video to find out the basic processes taking place on the foreign exchange market and how you can benefit from them. In addition, you will learn how you can determine the right broker for successful trading. CLICK HERE to get the best trading conditions on the market: https://goo.gl/ikEZ9j ENHANCE YOUR IB offering and attract a profitable client base with Tickmill: https://goo.gl/L6Hxgh MAKE PROFIT of the market movements: https://goo.gl/BTSBHh LEARN how to trade FOREX: https://goo.gl/pG7D6c Social media: Facebook - https://www.facebook.com/Tickmill/ Twitter - https://twitter.com/Tickmill LinkedIN - https://www.linkedin.com/company/tickmill Webpage - https://tickmill.com/ Business Contact: Tmill UK Limited Client Support: +44 203 608 6100 Office: +44 (0)20 3608 2100 [email protected] Tickmill Limited Client Support: +852 5808 2921 | +65 3163 0958 Office: +248 434 7072 [email protected]
Views: 750470 Tickmill
GO4X | How are exchange rates quoted?
 
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GO4X trading platform | http://www.go4x.pl/ Try free GP4X Practice Account | https://www.go4x.pl/zaloz-konto-testowe What is Forex? Basic trading information Base currency Quote currency Bid price & ask price Definition of Spread What is a pip?
Views: 424 GO4XEducation
XE Currency Exchange/Converter App
 
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Convert every world currency with the XE Currency App – Free Edition. It offers live proprietary currency rates, charts, and even stores the last updated rates, so it works when the Internet doesn't. This popular app has received 20+ million downloads, appeared as an app of the week on iTunes, and been featured by the BBC, the LA Times, CNN, and The Travel Channel! * LIVE CURRENCY RATES & CHARTS - Every world currency & precious metals - Live proprietary rates refresh every minute - 30,000+ currency charts for historic rates - Rate high & lows for multiple time frames - Calculate prices with the currency converter - Simultaneously monitor up to 10 currencies - Our rates are trusted by millions of people * PERSONALIZE YOUR SETTINGS - Shake your device to reset rates - Set the frequency of rate updates - Turn currency symbols on or off - Pin your base currency to the top * USE IT OFFLINE - Stores the last updated rates - Convert prices without internet access * XE CURRENCY PRO NOW AVAILABLE - Get XE Currency Pro – also available in iTunes! Thanks for watching and subscribing! Be sure to LIKE and COMMENT as well!
Views: 13848 MrApp4That
Euro foreign exchange reference rates...
 
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Euro foreign exchange reference rates of European Central Bank (ECB), 8 July 2016... All currencies quoted against the euro (base currency)... "The ECB is changing the publication time of the euro foreign exchange reference rates (ECB reference rates) from around 14:30 CET to around 16:00 CET as of 1 July 2016. The ECB reference rates will continue to be determined using the current methodology, which is based on a point-in-time snapshot at 14:15 CET. The new publication regime aims to reinforce the distinction between exchange rate fixings used as benchmarks for transaction purposes and the ECB reference rates that are published for information purposes only. The ECB will monitor foreign exchange market developments closely and expects transaction activity related to the ECB reference rates to decline substantially. If it does not, the ECB will consider further delaying the publication of the reference rates, potentially until the next business day. The changes to the ECB reference rates take into account the recommendations of the Financial Stability Board on foreign exchange benchmarks, as well as the principles for benchmark-setting processes in the EU drawn up by the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) and the principles for financial benchmarks drawn up globally by the International Organisation of Securities Commissions (IOSCO)..." EUR/USD forecast… EUR/JPY forecast… EUR/CNY forecast… EUR/ GBP forecast… EUR/ TRY forecast… EUR/AUD forecast… EUR/ GBP forecast… EUR/RUB forecast… EUR/CAD forecast… EUR/AED forecast… EUR/NOK forecast… EUR/HKD forecast… EUR/INR forecast… EUR/BRL forecast… EUR/SEK forecast… EUR/PLN forecast… EUR/KWD forecast… Euro exchange rate ... Обменный курс евро ... Avrupa Merkez Bankası Euro kuru... Eurokurs ... tipo de cambio euro ... Eurons växelkurs Tasso di cambio Euro ... Euro taux de change ... Eurokursen ... 歐元匯率... 유로 환율 ... ユーロの為替レート... سعر صرف اليورو ... यूरो विनिमय दर ...
How to Calculate FOREX Rollover Rates - Foreign Exchange Rates
 
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http://tinyurl.com/77aeo5l How to Calculate FOREX Rollover Rates - Foreign Exchange Rates How to Calculate FOREX Rollover Rates The forex markets operate 24 hours a day, seven days a week. Any nation that issues currency can trade its currency against another. Although he market is largely unregulated, there are certain trading conventions to be mindful of as they may also affect your bottom line. One such convention is that all spot trades are settled in two business days. This creates the need to "roll over" accounts. 1 Review the definition of a rollover. All forex spot trades must be settled within two business days. If you would like to extend your position without settling at the end of each trade day you can close your position by 5 p.m. (EST) on the settlement day and reopen the following trading day. This is referred to as a rollover. Traders do this by using a swap agreement. 2 Review how currency is quoted. Currency is quoted in pairs. The first currency is referred to as the base currency, and the second is referred to as the counter currency. The trader borrows money to purchase another currency. Interest is paid on the borrowed currency and earned on the purchased currency. The net is the rollover interest. 3 Obtain the short-term rate of interest for both the base and counter currency. Go to the treasury department of the issuing nation for current short-term rates. It is usually listed on the home page of the website for the treasury. 4 Work through an example. Let's say you purchase 100,000 CAD/USD at a rate of .9155. The short-term interest rate on the Canadian dollar (base currency) is 4.25 percent, and the short term interest rate on the U.S. dollar (counter currency) is 3.5 percent. 5 Set up the calculation. For the rollover rate, subtract the base currency short- term interest rate from the counter currency interest rate. 6 Find the dollar of the interest. Multiply the number of CAD/USD held by the difference between the CAD short-term interest rate and the USD short-term interest rate. Divide this by the product of the rate at which you purchased CAD/USD and 365. The calculation looks like this: {100,000 x (4.25% - 3.5%)}/(365 x 0.9155) and the answer is $224.40.
Views: 4423 markharrisist
How to book a FOREX rate in CurrencyXchanger (CXR) | Currency Exchange Software
 
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This video explains how to book a currency rate for a customer. For example, Tony Blair calls to book 1500 EUR to be purchased in cash. The base currency in this example is USD.
Views: 508 ClearViewSystemsLtd
What is a Currency Pair - Currency Trading Video - Currency Pair Education
 
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http://goo.gl/bRKoqt - Click the link to open a free Easy-Forex account. Currency Pairs What are currency pairs? In the foreign exchange market, currency is traded in pairs. Pairs have meaning in relation to each other so must always stay together. The two currencies in a pair are traded one against the other. The rate at which they are traded is called the exchange rate. The exchange rate is affected by currency supply and demand. Most common currencies The most common currencies traded in the market are called "majors". Most currencies are traded against the United States dollar (USD). USD is traded more than any other currency. The five currencies most traded next are: the euro (EUR); the Japanese yen (JPY); the British pound sterling (GBP); the Swiss franc (CHF), and the Australian dollar (AUD). Trades of the six major currencies total 90% of the market. The most common currency pair is EUR/USD. http://www.youtube.com/watch?v=utMadlP4LxQ http://www.pipsandspreads.com
Views: 17907 MrForexReview
Forex trading for beginners - Base Quoted Currencies - Basic forex trading course for beginners
 
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Explore the full course here: https://tinyurl.com/ForexTradingTutorial Forex trading for beginners - Profitable trading system - Basic forex trading for beginners. The Forex market is very dynamic with a large number of participants. It is also well established in the market. As you might expect, a combination of popularity and time has led traders to countless strategies. One of the biggest sources of confusion for newcomers to the currency market is the standard for quoting currencies. In this section, we will go over quotes and how they work in currency trading. Read the paper When a currency is quoted, it is made related to a currency, so that the value of one is reflected through the other value. Therefore, if you are trying to determine the exchange rate between US $ (USD) and Japanese Yen (JPY), the foreign exchange quotes are as follows: USD / JPY = 119.50 This is called a currency pair. The currency to the left of the slash is the basic currency, while the currency to the right is called the quotation or currency. The base currency (in this case the US dollar) is always one unit (in this case, US $ 1), and the quoted currency (in this case the Japanese Yen) is the single The base is equivalent to other currencies. Quotation means 1 USD = 119.50 JPY. In other words, US $ 1 can buy 119.50 yen. Foreign exchange quotes include currency abbreviations for the currencies in question. Apply direct exchange rate against indirect currency dollars There are two ways to quote a currency pair, directly or indirectly. A direct currency quotation is simply a currency pair in which the currency is quoted; While an indirect quotation, is a currency pair in which the local currency is the base currency. So, if you are looking at the Canadian dollar as the local currency and the US dollar as forex, a direct quotation would be USD / CAD, while indirect quotes are CAD / USD. Direct quotes change local currency, base, foreign currency, remain in one unit. In indirect quotes, on the other hand, foreign exchange fluctuates and the local currency is assigned in one unit. For example, if Canada is the local currency, the direct quotation will be $ 1.18 / CAD and means $ 1 to buy $ 1.18. The indirect quotes for this will be inverse (1 / 1,18), 0.85 CAD / USD, meaning for C $ 1, you can buy US $ 0.85. On the foreign exchange market, most currencies are traded against the US dollar, and the US dollar is usually the base currency in the currency pair. In these cases, it is called a live quotation. This applies to the USD / JPY currency pair, which represents a US $ 119.50 Japanese yen. However, not all currencies have the US dollar as the basis. Monetary units - currencies previously associated with Britain, such as the pound, Australian and New Zealand dollars - were quoted in the form of a base currency against the dollar. America. The Euro, relatively new, is also cited in a similar way. In these cases, the US dollar is the currency of feedback and the exchange rate is called an indirect quotation. This is why EUR / USD is believed to be 1.25, for example because it means that a euro is equivalent to 1.25 US dollars. Most foreign exchange rates are extracted to four decimal places excluding the JPY, quoted in two decimal places. Cross currency When a quotation is made without the US dollar being one of its components, this is called a cross currency. The most common cross currency pairs are EUR / GBP, EUR / CHF and EUR / JPY. These currency pairs widen the trading possibilities in the foreign exchange market, but it is important to note that they are not as follows (for example, not a positive trade) in pairs including the US dollar. But also called specialized. (For more on Cross Currency, see your Boss Currency Master Agreement.) Bidding and Ask As with most transactions in the financial markets, when you are trading a currency pair there is a bid price (buy) and ask price (sell). Again, they relate to the base currency. When buying a currency pair (lingering), the asking price refers to the amount paid to pay to buy a base currency or the amount by which the market will sell a base currency to Lien. Concerned about the currency being quoted. Bid is used when selling a currency pair (will be short) and reflects how much of the cited currency will be earned when selling a base currency, or how much the market will pay for. Currency quotes related to monetary base. See it again: https://youtu.be/fn7qAp97WFQ #Forextradingforbeginners #ForexTradingTutorial
Views: 140 Robinson Forex
What Moves A Currency?  Why Currency Rates Move...
 
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What affects foreign exchange rates? http://www.contracts-for-difference.com/markets/Forex-CFDs.html If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! Foreign exchange rates are affected by multiple fundamental reasons as international trade and investment causes movements in the foreign exchange markets. Will the dollar crash? Will the Chinese yuan be the next world leader? You may have encountered foreign exchange rates mostly when considering your holidays, when you change your pounds into the local currency, and back again when you return. Sometimes, you may find a big difference between one year and the next in how much foreign currency you can get for your money. As with all markets, foreign exchange and the relative value of currencies is affected by supply and demand. Having said that, demand is the main driver of foreign exchange rate changes. An abundance of supply of a particular currency doesn't really cause people to buy more of it, whereas an increasing demand will force the rate up. Much of this demand is caused by international trade, for instance Japanese cars imported to the UK will be paid for with pounds sterling, but this money will be converted into Japanese yen to pay the manufacturer who has to pay his workers and suppliers. This then causes you to consider the trade balance. Obviously it is not a stable situation if one country buys goods from the other, and there is no corresponding foreign exchange in the other direction. The currency which is being used by the buyers to pay for the goods, in this case sterling, cannot forever be paid out to buy Japanese yen with no compensating currency exchange back. This situation is to some extent self-regulating. The buying currency will decrease in value, and the currency of the producing country will increase relatively. Before too long, the price of Japanese cars in the UK would have to rise, and this would reduce the demand, cutting back on the trade imbalance. Different countries have different fundamentals. Some countries are rich in the natural resources that are needed for production. These countries include Canada and Australia. Other countries have less in natural resources and take on the role of the producers, buying in raw materials and shipping out finished products. Although political influences can have short-term effects, in the long term the economic forces are more significant in determining the fortunes of a currency. Certainly political instability can make the world markets hesitate, with investors wary of buying the currency, but it's how efficient a country is at extracting natural resources and/or manufacturing that will ultimately impact how its currency is viewed globally. Another governmental decision that has some effect, although not in the long-term, is that of the central bank interest rate. When interest rates differ between various countries, there is an obvious pressure for the exchange rate to compensate. Without a drift in exchange rate, investors in the lower interest rate country would have a no risk way of increasing their income by buying the other currency, putting it into a savings account there. Finally, whenever there are crises in the world, you will note that there is a flight to what is regarded as a quality or safer currency. Typically, investors will buy US dollars or other major currencies, on the basis that the value is more likely to be retained.
Views: 8628 TradeCFDs
How to Create a Realtime Currency Rate Calculator with Multiple Currencies in Excel
 
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Learn The Excel Dashboard That Launched My Career Here: http://bit.ly/BestExcelDashboard Download Your Free Workbook From Either Of The Following Links: 1) Via Facebook Messenger: http://bit.ly/RealCurr_FbDl 2) Using Your Email Here: http://bit.ly/RealCurr_Wb Say Goodbye to converting currencies & inaccurate exchange rates. With this Excel Realtime Currency Rate & Receipt Creator you can now create receipts in ANY currency, and get REALTIME RATE CONVERSIONS. With this unique training you will be able to: 1. Create your own base currency 2. Assign a different currency to each of your customers 3. Quickly create receipts in both Your Currency & Your Customer's Currency 4. Print & Email Receipts on a Click of a button. Get your Excel Questions answered today. Join our amazing Facebook group with the worlds best Excel Experts right now: http://bit.ly/groupexcel I hope you love these videos, for More Free videos, personalized training and amazing tricks for freelancers, please find and follow us here: Twitter: https://twitter.com/RandyNAustin Facebook: https://www.facebook.com/ExcelForFreelancers https://www.linkedin.com/in/excelforfreelancers/
Views: 4040 Excel For Freelancers
Forex Basics For Beginners
 
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Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work. So we decided to make a video that explains the first things traders need to know in an easy and accessible way. Demonstrating them in the Trading 212 platform in a zero spread environment, trading expert David Jones guides you through the meaning of the first terms and actions that you'll come across. These are always at the base of the skills all knowledgeable traders have and need to take on the markets. At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
Views: 498953 Trading 212
2  Exchange RAte Quotation
 
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How to write currency quotation - the most common style, where A = price currency & B = base currency. The price of a nation’s currency in terms of another currency. An exchange rate thus has two components, the domestic currency and a foreign currency, and can be quoted either directly or indirectly. Also known as a currency quotation, the foreign exchange rate or forex rate.
Views: 1828 financeschoolin
HOW TO USE CURRENCY IN  TALLY.ERP9(PART-1)/S.NO.-6
 
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Tally.ERP 9’s multi-currency feature can fulfill all your foreign trade business requirements right from passing transactions to adjusting Forex Gain/Loss.
Views: 26527 TALLY ONLINE CLASS
How rupee-dollar rates are determined? Hindi Video
 
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In this short animation video, we have explained that how currency exchange rate of Indian Rupees is determined with other foreign currencies? To watch more amazing video of general knowledge in Hindi visit our website http://netpill.in -~-~~-~~~-~~-~- Watch our new video "Historical story of Padmavati :: Conflict of two Emperors" https://www.youtube.com/watch?v=23G5Hb9lyZ8 -~-~~-~~~-~~-~-
Views: 440740 Netpill
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.40 PKR
 
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Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.40 PKR Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever-increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to the devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons for the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan, the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen, and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day, and you will be able to earn a profit by selling them back the very next day! However, to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate on a regular basis. To fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities, all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only. #mjhstudio
Views: 3541 MJH Studio
CFA® LEVEL 1 || Economics || CURRENCY EXCHANGE RATES Video 3 ||
 
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CURRENCY EXCHANGE RATES Lecture By Bhupesh Anand LOS d - Calculate &Interpret Currency Cross Rates LOS e - Compare forward quotation expressed on a point basic or in %age terms into outright F. quotation 1) Cross Rates 2) Exchange Rates 3) General rule for calculating cross rates 4) Practical Examples 5) Calculating the inverse on the basis of requirement 6) Numerator Currency 7) Exchange Rate quotation 8) Case Study 1) CFA® LEVEL 1 VIDEO LECTURE 2) CURRENCY EXCHANGE RATES 3) economics video lectures 4) cfa level 1 Online Classes 5) cfa L1 Course 6) cfa leveL 1 Program Coaching 7) cfa economics 8) cfa level 1 CURRENCY EXCHANGE RATES 9) CURRENCY EXCHANGE RATES VIDEO LECTURES 10) currency rate 11) foreign currency PROFILE of CA. BHUPESH ANAND (FCA, FCS, AICMA, Dip-IFRS ACCA (London)) CA. Bhupesh Anand (FCA, FCS, AICMA, IFRS (London)) is a fellow member of ICAI, ICSI & Associate member of ICMAI. He has completed his Diploma in IFRS from ACCA (London). He is a currently providing Coaching with the help of Video Lectures & Books. He is having more than 25 years of post qualification experience in Education field. QUALIFICATIONS - • Diploma in IFRS (ACCA (London)) • Certified Valuer • Mind Trainer • Fellow Charted Accountant – • Fellow Company Secretary – • Associate Cost & Management Accountant • M.COM • B.COM(H) • Class XII – CBSE • Class X - CBSE He possesses a vast experience of Teaching in- 1. SCHOOL LEVEL – • XI (Commerce Stream) • XII (Commerce Stream) 2. PROFESSIONAL COURSES – • CA • CS • CMA 3. FORIEGN COURSES – • CFA® Program Review (USA), • FRM • Financial Modeling • ACCA (London), • CPA (USA) • Diploma IFRS (London) 4. SOFT SKILLS – • Mind Training • NLP • Parenting • Motivation His approach to teaching and training is structured and practical which allows use of live examples in the class. He has delivered Lectures in number of Seminars Organized by ICAI, ICSI, ICMAI & Amity Business School. BHUPESH ANAND CLASSES in association with ACADEMY OF PROFESSIONAL STUDIES (PVT.) LTD., One of the leading organization in digital education with courses ranging from School Courses, Professional Courses, Soft Skill Development Courses & International Courses. It offers Video Lectures, Books, Apple Juice Notes latest syllabus. ACADEMY OF PROFESSIONAL STUDIES (PVT.) LTD . offers courses for different time duration. For students, we provide the opportunity to study from the comfort of their home. Other options like Flow Charts, Mock Test Series and Apple Juice Notes which help them to clear the exams at the fastest pace. We provide these classes in an online and offline mode like Pendrive, Download Link, SD Card. VIDEO LECTURES with BOOKS APPLE JUICE NOTES & FLOW CHARTS STUDY – Whereever, Whenever SAVE – Time, Money STUDY @ HOME To know more about my Video Lectures & Books – CALL – 011-45038585 / 09873149995 or [email protected] or VISIT & SUBSCRIBE MY YOUTUBE CHANNEL :- https://www.youtube.com/user/bhupeshanand FOLLOW US ON :- #FACEBOOK: https://www.facebook.com/bhupesh.anand #INSTAGRAM: https://www.instagram.com/bhupeshananadclasses/ #TWITTER: https://twitter.com/bhupeshanandcla #LINKEDIN: https://www.linkedin.com/in/ca-bhupesh-anand-classes-698315168/ #TELEGRAM GROUPS: - CS Group - https://bit.ly/2Gdzz8t CFA® Level 1 Group – https://bit.ly/2QrS11I CA Group – https://bit.ly/2Bi0DOd CMA Group - https://bit.ly/2ULgPjE #AMAZON - https://amzn.to/2LhWTRk #FLIPKART - https://bit.ly/2ryL4No
Euro foreign exchange reference rates: 18 March 2016...
 
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Euro foreign exchange reference rates of European Central Bank (ECB), 18 March 2016... All currencies quoted against the euro (base currency)... EUR/USD forecast… EUR/JPY forecast… EUR/CNY forecast… EUR/ GBP forecast… EUR/ TRY forecast… EUR/AUD forecast… EUR/ GBP forecast… EUR/RUB forecast… EUR/CAD forecast… EUR/AED forecast… EUR/NOK forecast… EUR/HKD forecast… EUR/INR forecast… EUR/BRL forecast… EUR/SEK forecast… EUR/PLN forecast… EUR/KWD forecast… Euro exchange rate ... Обменный курс евро ... Avrupa Merkez Bankası Euro kuru... Eurokurs ... tipo de cambio euro ... Eurons växelkurs Tasso di cambio Euro ... Euro taux de change ... Eurokursen ... 歐元匯率... 유로 환율 ... ユーロの為替レート... سعر صرف اليورو ... यूरो विनिमय दर ...
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | MJH Studio
 
03:08
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | MJH Studio #pkrtodollar #pkr_to_us_dollar #goldpriceinpakistan #Pakistan_gold_price Pakistan Today US Dollar Price | PKR to US Dollar | Dollar Price in Pakistan 08-10-18 | 1USD=137 PKR Simple Samachar: Why is Value of Rupee Falling Against Dollar? How rupee-dollar rates are determined? Hindi Video Pakistan Today US Dollar And Gold Latest News|PKR to US Dollar|Today Gold Price in Pakistan 28-7-18 Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling rates of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee etc in world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and bank selling TT & OD rates for all currencies online. Similarly, those individuals who are travelling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and int'l forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons between the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan,the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day and you will be able to earn a profit by selling them back the very next day! However, in order to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate at a regular basis. In order to fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions in order to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities , all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only . #mjhstudio
Views: 3835 MJH Studio
💰FOREX base 💴 and quote 💷 currency terminology explanation 💵
 
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💰FOREX base 💴 and quote 💷 currency terminology and explanation 💵
Views: 1377 Rafal Zuchowicz
3  Direct and Indirect Quote
 
01:40
A - price currency - HOME CURRENCY B - base currency - FOREIGN currency. Direct quotation is where the cost of one unit of foreign currency is given in units of local currency, whereas indirect quotation is where the cost of one unit of local currency is given in units of foreign currency. Your local currency is EUR: Direct exchange rate: 1USD = 0.92819 EUR Indirect exchange rate: 1EUR = 1.08238 USD When a currency is quoted, it is done in relation to another currency, so that the value of one is reflected through the value of another.
Views: 13716 financeschoolin
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.50 PKR
 
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Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.50 PKR Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever-increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to the devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons for the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan, the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen, and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day, and you will be able to earn a profit by selling them back the very next day! However, to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter.
Views: 1175 MJH Studio
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.35 PKR
 
03:12
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.35 PKR How are rupee-dollar rates determined? Hindi Video Pakistan Today US Dollar And Gold Latest News|PKR to US Dollar|Today Gold Price in Pakistan 28-7-18 Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever-increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to the devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons for the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan, the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen, and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day, and you will be able to earn a profit by selling them back the very next day! However, to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate on a regular basis. To fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities, all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only. #mjhstudio
Views: 4885 MJH Studio
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.50 PKR
 
03:14
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.50 PKR Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever-increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to the devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons for the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan, the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen, and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day, and you will be able to earn a profit by selling them back the very next day! However, to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter.
Views: 1510 MJH Studio
Sharperlight Accessing Financial Data in the Cloud - Currency Exchange Rates and Stock Prices
 
49:54
Sharperlight can access both historical and current financial data by using services like Google and Yahoo Finance. The examples will focus on reading current and the last 15 years of currency exchange rates into Excel. One Excel report will use a sub query to lookup the exchange rates by dates to convert from a base currency into the desired target currency. For example GBP to EUR, USD and AUD. There will also be one on stock market report at the end of the video http://sharperlight.com
Views: 413 phiLightSoftware
How to Check Exchange Rate Types in SAP
 
01:59
Check Exchange Rate Types Exchange rates for different purposes for the same date are defined in the system as exchange rate types (you cannot delete existing entries). If you need to carry out currency translations between a number of different currencies, you can simplify exchange rate maintenance by entering a base currency for the exchange rate type. Instead of entering translation rates between every single currency, you then only need specify the translation rate between each currency and the base currency. All currency translations then take place in two steps - into the base currency and from the base currency into the target currency. Example The base currency is DEM. You want to translate FRF to CHF. To do this, the following entries must be made in the table for maintaining currency translation rates: Ratio for FRF DEM Ratio for CHF DEM Translation from FRF to CHF is then carried out automatically. The translation is done as though this exchange rate (FRF CHF) was actually entered in the conversion table. In this example, the base currency (DEM) is the To-currency and FRF or CHF the From-currency. For exchange rate relations within the EU, it is a legal requirement that the base currency (EUR) is the From-currency. You set the indicator for this in the BCurr=from field. Hinweis When posting and clearing documents, the system uses the exchange rate type "M" for foreign currency translation. This exchange rate type must be contained in the system. Standard settings The standard system includes the exchange rate types for the bank buying rate (G), bank selling rate (B), and average rate (M). You can have the system calculate the bank buying or selling rates from the average rate and the spread. The term spread refers to the difference between the average rate and the bank buying rate, or between the average rate and selling rate. You can find more information on this in the documentation on the activity Maintain spreads. Activities 1. Find out which exchange rate types are needed in your company. 2. Check the standard exchange rate types. Create additional exchange rate types if necessary. 3. If you want to specify that all currency translations for a rate type must be carried out using a base currency, enter a currency (such as the group currency) in the Base cur field. 4. If you want to use the base currency specified as the From-currency, select the BCurr=from field. 5. If you want to have the system calculate the buying and selling rates from the average rate and the spread, enter the rate type for the average rate in the Buy.rt.to or Sell.rt.to field. Then maintain the spreads under the activity Maintain spreads. 6. If you want to use the inverted rate for translating two currencies, select the Inv field. Note: The reversed rate is used only if you have not made an entry for the corresponding exchange rate in the activity Enter exchange rates. 7. If you want to calculate the amounts according to the European Monetary Union's legal directives, select the EMU field. 8. If you want the system to check whether the application uses an exchange rate other than the fixed exchange rate, select the indicator in the Fixed field. This indicator must be set for the exchange rate type that is used for currency translation within the EMU.
Views: 638 Bkumar
Dollar New Latest Price in Pakistan | Google Currency Converter got Mad Showing 1 USD = 76 PKR
 
03:27
Dollar New Latest Price in Pakistan | Google Currency Converter got Mad Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 76 PKR How are rupee-dollar rates determined? Hindi Video Pakistan Today US Dollar And Gold Latest News|PKR to US Dollar|Today Gold Price in Pakistan 28-7-18 Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever-increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to the devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons for the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan, the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen, and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day, and you will be able to earn a profit by selling them back the very next day! However, to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate on a regular basis. To fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities, all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only. #mjhstudio
Views: 21361 MJH Studio
Cross Currency Calculations (Forex) | CA Final SFM (New Syllabus) Classes & Videos
 
25:09
We simplify your financial learnings. ►►Subscribe here to learn more of Strategic Financial Management: https://goo.gl/HTY5SN CA Final SFM Fast Track Course: https://sfmguru.in/ca-final-sfm/ Find us on Facebook: https://www.facebook.com/SFM-Guru-1862953747049133/ Read more on our website: http://sfmguru.in/blog Cross Currency Calculations (Forex): Executing a foreign exchange transaction between the major international currencies is usually straightforward, as most banks will be trading and making a price between all the major currencies. However, for less common currencies, many banks will not run books and therefore rates are not always quoted or easily available. In order to establish the appropriate rate of exchange, the cross-rate between the two currencies has to be calculated. This works by translating the first currency into a common currency (often the US Dollar) and then translating the common currency into the second currency. This then determines the cross-rate between the two currencies. All foreign exchange rates are quoted base currency/variable currency – in other words, an amount of the variable currency in exchange for one unit of the base currency. So for USD/CAD, the US Dollar is the base currency and the rate quoted will be the amount of Canadian Dollars for one US Dollar. In most cases, the base currency will be US dollars for both currencies and this will enable the cross-rate to be calculated quite easily. However, for some currencies, the FX market convention is that the US Dollar is the variable currency, such as in the trade GBP/USD when the pound becomes the base currency and the amount of dollars varies. Finally we must remember that for all foreign exchange trades, the dealer can quote two numbers – the first is the bid rate (the rate at which the trader will buy the currency), the second is the offer rate (the rate at which the trader will sell the currency). The dealer always wants more currency if selling units of the base currency than will be given away if currency is being provided for units of the base currency. The difference is the margin and is one of the sources of profit to the dealer. Calculating cross-rates where there is a common base currency quoted for both currencies Where there are two currencies Y and Z both of which are quoted against X, the two exchange rates are X/Y and X/Z and the cross-rates will be: Y / Z = X / Z X / Y and Z / Y = X / Y X / Z Example To calculate the cross-rate between the Canadian Dollar (CAD) and the South African Rand (ZAR), using the US Dollar as the common currency. Let us assume that the Canadian Dollar and Rand are quoted as: USD / CAD = 1.58850 1.58880 USD / ZAR = 11.0500 11.1250 The first number is the rate at which the bank sells the currency being quoted against the US dollar and the second is the rate at which the bank buys the currency being quoted against the US dollar. So the cross rates can be calculated as: CAD / ZAR = USD / ZAR USD / CAD ZAR / CAD = USD / CAD USD / ZAR For CAD/ZAR – to buy a variable amount of ZAR per 1 CAD: Bid = 11.05000 1.58880 = 6.955 - the bank buys CAD and sells ZAR Offer = 11.12500 1.58850 = 7.003 - the bank sells CAD and buys ZAR So CAD/ZAR = 6.955 / 7.003 For ZAR/CAD – to buy a variable amount of CAD per 1 ZAR: Bid = 1.58850 11.12500 = 0.1428 - the bank buys ZAR and sells CAD Offer = 1.58880 11.05000 = 0.1438 - the bank sells ZAR and buys CAD So ZAR/CAD = 0.1428 / 0.1438 As you might expect these rates are the reciprocal of the CAD/ZAR rates. Calculating cross-rates where the common currency is the base currency in one pair and the variable currency in the other Once again there are two currencies Y and Z both of which are quoted against X, but the exchange rates are Y/X and X/Z, not X/Y and X/Z so the cross-rates are: Y / Z = Y / X x X / Z And Z / Y = 1 Y / X x X / Z Example To calculate the cross-rate between Sterling (GBP) and the Mexican Peso (MXN), using the US Dollar (USD) as the common currency. Let us assume that rates are quoted as follows: GBP / USD = 1.43130 / 1.43160 USD / MXN = 9.02000 / 9.03000 GBP / MXN = GBP / USD x USD / MXN MXN / GBP = 1 GBP / USD x USD / MXN For GBP/MXN – to buy a variable amount of MXN per 1 GBP: Bid = 1.43130 x 9.02000 = 12.91 - the bank buys GBP and sells MXN Offer = 1.43160 x 9.03000 = 12.93 - the bank sells GBP and buys MXN So GBP/MXN = 12.91 / 12.93 For MXN/GBP – to buy a variable amount of GBP per 1 MXN: Bid = 1 1.43160 x 9.03000 = 0.07735 - the bank buys MXN and sells GBP Offer = 1 1.43130 x 9.02000 = 0.07746 - the bank sells MXN and buys GBP So MXN/GBP = 0.07735 / 0.07746 #CrossCurrencyCalculation, #Forex, #InternationalFinance, #CrossRates
Y1/IB 31) Monetary Policy (Interest Rates, Money Supply and Exchange Rate)
 
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AS/IB 21) Monetary Policy (Interest Rates, Money Supply and Exchange Rate) - An understanding of how monetary policy works with reference to central bank inflation targeting as well. Twitter: https://twitter.com/econplusdal Facebook: https://www.facebook.com/EconplusDal-1651992015061685/?ref=aymt_homepage_panel
Views: 102004 EconplusDal
Foreign Exchange
 
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Learn what is foreign exchange, What is foreign exchange rate or a quote, What is direct quote versus Indirect quote, what is base currency and quote currency, What is queen's currency, ISO 4217 currency codes etc. in this video. Connect me @ Linkedin www.linkedin.com/in/BirendrasahuFRM
Views: 385 Birendra Sahu, FRM
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 29-12-2018
 
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Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 29-12-2018 #pkrtodollar #pkr_to_us_dollar #goldpriceinpakistan #Pakistan_gold_price Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling rates of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee etc in world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and bank selling TT & OD rates for all currencies online. Similarly, those individuals who are travelling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and int'l forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons between the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan,the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day and you will be able to earn a profit by selling them back the very next day! However, in order to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate at a regular basis. In order to fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions in order to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities , all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only . #mjhstudio
Views: 5217 MJH Studio
Lambert´s Video CFA Level I: Economics, Currency Exchange Rates
 
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What is important about exchange rates? Learn more about price currency, base currency, direct and indirect quote, currencies going up or down. Learn more about our five-day Level I - webinars in November on https://www.lamberteducation.com/english-webinar: Nov. 12th. - Nov. 16th., 2018: webinar in German Nov. 18th. - Nov. 22nd: webinar in English.
Views: 21 Daniel Lambert
05 What are Base and Quote Currencies? - FXTM Learn Forex in 60 Seconds
 
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In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. So for example, EURUSD, means that the base currency is the Euro and the quote currency is the USD. The quote currency is sometimes referred to as the counter currency. The best way to understand base and quote currencies is in terms of exchange rates. An exchange rate of 1.14020, for example, would mean that 1 unit of base currency would cost 1.14020 units of quote currency. So in this case, to own 1 EUR the equivalent of 1.14020 USD is needed. In other words, the first currency in a pair is quoted against the second currency. Learn more on: https://www.forextime.com/education/forex-videos/what-is-base-and-quote-currencies Disclaimer: The content in this video comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same. Risk Warning: There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.
Views: 1191 ForexTime (FXTM)
Currency Swaps with a Numerical Example
 
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Concepts of Currency Swaps with an Example to Unwind Explained
Views: 99235 collegefinance
pound dollar exchange rate
 
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pound dollar exchange rate Watch my YouTube video pound dollar exchange rate. Learn how to convert GBP to USD. XE is an online currency conversion tool and and very easy to use. You can check the pound dollar exchange rate on a daily basis. I hope you find it interesting. pound dollar exchange rate Contact: Christos Pittis website: www.christospittis.com udemy:https://www.udemy.com/u/christospittis/ twitter: https://twitter.com/CPITTIS facebook page: https://www.facebook.com/christoscpittis email: [email protected] https://www.udemy.com/u/christospittis/ YouTube: https://www.youtube.com/channel/UClqulZeiMIfgPv_LirylA0g/videos
Views: 3115 Entrepreneurship pdf
Today currency rate ||currency rate today ||OPEN MARKET CURRENCY RATES
 
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Welcome To Our channel . LIFE ENTERTAINMENT is a Great Indian Event Planner and Masters of different ceremonies, established years back and approved Corporate, pen Market US$ Dollar Rates Live 2018 - Hamariweb is one stop place for the information of currency exchange rates in Pakistan that encompasses open market currency rates, interbank currency rates , and international forex rates with the currency symbol of respective countries. You can access and can be viewed online updated list of open market currency exchange rates of all the major currencies in Pakistan. Hamariweb.com also sends free open market currency buying and selling exchange rates on daily basis through Twitter SMS Alerts Services on mobile phone for subscribers. Check out for the latest open market currency exchange rates in Pakistan with the rest of the world exchange rates for instance: USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, and (Riyal – SAR) Saudi Riyal Rates, (CNY) Chinese Yuan Rates in Pakistan. The currency exchange rate page offers you the list of fresh open market currency rate in Pakistan originated from various public authentic sources updated live regularly. We possess the authority to change the sources anytime prior notice. We strive to provide accurate information but do not guarantee anything. The currency exchange rates provided by the financial institutions might differ significantly from ours and can vary on geographical basis. Afghanistan Australia Bangladesh Brazil Bulgaria Canada China Denmark Egypt Estonia Hong Kong Hungary India Iran Japan Malaysia New
Views: 59 life entertainment
Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.55 PKR
 
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Pakistan Today US Dollar Price and Currency Exchange Rates | PKR to US Dollar | 1 USD= 139.55 PKR #pkrtodollar #pkr_to_us_dollar #goldpriceinpakistan #Pakistan_gold_price Pakistan Today US Dollar Price | PKR to US Dollar | Dollar Price in Pakistan 08-10-18 | 1USD=137 PKR Simple Samachar: Why is Value of Rupee Falling Against Dollar? How are rupee-dollar rates determined? Hindi Video Pakistan Today US Dollar And Gold Latest News|PKR to US Dollar|Today Gold Price in Pakistan 28-7-18 Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever-increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to the devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons for the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan, the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen, and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day, and you will be able to earn a profit by selling them back the very next day! However, to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate on a regular basis. To fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities, all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only. #mjhstudio
Views: 1422 MJH Studio
Day 19 - Foreign Exchange - Part 1 - CommerceBaba - Macro Economics Class XII CBSE
 
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Economics Class 12th Chapters are being divided on the basis of topics so as to make it easy for the students to study only what they want and not bore them with irrelevant topics. We have covered in depth the complete chapters (Topic wise) for Commerce students of class 12th strictly as per the requirements of Class 12th CBSE Boards from Session 2018 onwards. For the complete Series of Business Studies Chapters offline E-mail us at: [email protected] Links: www.commercebaba.in www.facebook.com/commercebabaji www.instagram.com/commerce.baba
Views: 63644 Commerce Baba
forex rate in currency pairs in forex market with prominent order
 
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forex rate in currency pairs in forex market with prominent order. In today's class we will learn forex rate in prominent order in currency pairs and In shaa Allah we will able to know what are they and how they are created by ISO code. Each world currency is given a three-letter code as set out by the International Standards Organization (ISO) and governed by the ISO 4217. The eight most commonly traded currencies are: 1. USD (U.S. dollar) 2. EUR (Euros) 3. GBP (Great Britain pound) 4. AUD (Australian dollar) 5. JPY (Japanese yen) 6. CHF (Swiss franc) 7. CAD (Canadian dollar) 8. NZD (New Zealand dollar). Now question arise in mind that how ISO created forex rate in prominent order and which method they are using to manage prominent order with different trading platform like MT4... they actually created with their order of strength, demand and supply mostly trading between central banks and commercial bank and dominate the forex market in terms of traded volume. Since January 2012, it is estimated that the seven majors account for over 85% of the daily traded volume in the forex market. Now I will show you how they created with orders.... EUR - (Euro Zone Euro) GBP - (Great Britain Pound) AUD - (Australian Dollar) NZD - (New Zealand Dollar) USD - (United States Dollar) CAD - (Canadian Dollar) CHF - (Swiss Franc) JPY - (Japanese Yen) Now it is very important to keep in mind that in above forex rate in prominent order of Euro Zone (EUR) currency is first in order and Japanese Yen(JPY) is last in order. if you as well as ISO which done before as you would like to make Major as well as cross currency pairs so what you have to do. Step -1. First currency in order above always be in base currency and second currency must be counter and quote currency like first currency is 1. EUR - (Euro Zone Euro) and second currency is 2. GBP - (Great Britain Pound). If you want more practice watch www.urduforextraining.com You must subscribe my chennal for mpr professional forex videos. https://www.youtube.com/channel/UCBavJ7aonHv8li7_Lf_MnJQ/videos You must join my social page like Facebook go here www.facebook.com/IntellectualOrganization +00923453423650

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