4 ms·
And what will be the exchange rate between them? Will it be fixed, or will it float? Exchange rates are driven by supply, demand and interest rates (which driv
by nly 4y ago
And what will be the exchange rate between them? Will it be fixed, or will it float?
Exchange rates are driven by supply, demand and interest rates (which drive supply and demand).
What's the point in being paid in USD2 if converting to USD1 in order to save results in your 5%/yr savings account become 0.5% or even -0.5% in USD2 terms? You need USD2 to spend.
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