Foreign currency exchange at the best rate through Orient Exchange
The foreign exchange , often known as the currency exchange, is an international over-the-counter market where the exchange rates of different currencies are set. Orient Exchange aims to give the best and transparency in the currency exchange rate. How does Foreign Currency Exchange Work? For international travel to take place, foreign currency is needed. Indian rupees and US dollars are used when Indian travels to the the United States. For example, Indian must use dollars while travelling to the United States. When one nation invests in another, foreign exchanges are also crucial. International Travel increase the need for foreign exchange. Hence, the foreign exchange is significant for the global economy. How are currencies valued? A nation’s currency value is based on demand and supply. As a result, it is always in flux. Such a rate is referred to as a floating exchange rate . So, the market factors dictate how much a currency is worth. For example, the value of the Indian