Currency Exchange Rates Paddington | Monex International UK
Advantages and disadvantages of exchange rate fluctuation
Advantages and
disadvantages of
exchange rate
fluctuation
Understanding the currency
exchange system
What is currency exchange
• Currency exchange is a process
of exchange one currency for
another currency to its
customer.
• This is conducted as a stand-
alone business or offered as a
service by a bank or a financial
institution.
• But both of them have the legal
right to do this process
Why exchange rates fluctuates
• Differentials in Inflation
• Differentials in Interest Rates
• Current-Account Deficits
• Public Debt
• Terms of Trade
• Political Stability and Economic
Performance
Advantages of
exchange rate fluctuation
• No need for international
management of exchange rates
• No need for frequent central
bank intervention
• No need for elaborate capital
flow restrictions
• Greater insulation from other
countries’ economic problems
Disadvantages of exchange rate
fluctuation
• Higher volatility
• Use of scarce resources to
predict exchange rates
• Tendency to worsen existing
problems
Why forex companies are ideal for
money exchange
• Forex trading companies are ideal for
currency exchange because, the
number forex individual businesses
are higher than the banks and
financial institutions.
• They provide all their details and
exchange rates in their website.
• Their services are very fast and do
exchange for all the currencies.
• Monex International is a famous
forex company in Paddington London.
Monex international services
• Monetary services
• Leisure services
• Gold purchases
• Doctor WHO store
• Telecom services
Contact
Head office
32 Spring Street, Paddington,
W2 1JA
[email protected]
020 7723 7960
Branch
238 Earls Court Road, SW5 9AA
[email protected]
020 7835 1225
Thank You
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