How Are Forex Rates Determined — and Why Do Different Sources...

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2025-10-16 19:18:37 -

How Are Forex Rates Determined — and Why Do Different Sources Show Slightly Different Rates?

How Are Forex Rates Determined — and Why Do Different Sources Show Slightly Different Rates? Foreign exchange (forex or FX) rates — the prices at which one currency is exchanged for another — play a central role in global trade, investment, and finance. Whether it’s a traveler exchanging dollars for euros, a multinational settling invoices in yen, or a central bank...

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