Trading foreign

Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.

Exchange Rate:-
The price of a currency expressed in terms of another currency. The basis of all exchange rates
is the rate for sight exchange or the exchanges rates(that is, a bill or draft which is payable at sight, which means on demand or presentation). The rate for a time bill or long bill (one payable at a specified future date) is the rate for a sight bill, low interest on the amount of the bill from the date of its issuance to the date of its payment. This allowance for interest is made because the seller of the bill has the use of the money paid by the buyer for it until its payment. Interest is figured at the rate prevailing where the bill is payable for the reason that the bill is domiciled, that the place of its payment is the place of its legal existence, or rather will be after its acceptance, and the presumption is that it will be promptly accepted by the one upon whom it is drawn on its presentation to him. so this is known that the exchange rate.