exchange rates
Foreign currency rates have a direct impact on the price and value of stocks in foreign countries, and changes in exchange rates will increase or decrease the cost of doing business in a country, which will affect the price of stocks of companies doing business abroad. While long-term movements in exchange rates are affected by fundamental market forces of supply and demand and purchase price parity, short-term movements are driven by news, events and futures trading and are difficult to predict.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Currency exchange
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- Timmwilson
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(Beijing, China)