4 Ways to Understand the Functioning Of the Global Financial Structure: Finance is a subject that tends to be more relate-able and applicable in real life than any other. The facet of Finance which deals with Public Finance is what influences the Global Financial structure. Each country has its own set of rules and regulations that it follows when dealing with Finance. While … [Read more...] about 4 Ways to Understand the Functioning Of the Global Financial Structure
International Finance
Different Exchange Rate Systems with Pros and Cons
Different Exchange Rate Systems. The conversion rate of one currency into another. This rate depends on the local demand for foreign currencies and their local supply, country's trade balance, the strength of its economy, and other such factors. In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate … [Read more...] about Different Exchange Rate Systems with Pros and Cons