Archive for July, 2010

How do you tell is a countries currency is pegged or free-floating? How can you just by looking at it?

I want to know how I am able to tell with only looking at a countries historical currency rates, if I can tell by this is a countries currency is free-floating or pegged to the dollar? How do I tell if I have past years currency in front of me? Thanks!

How to curtail the speculative global currency transactions?

Speculative funds sloshing around the world markets create an inherent instability while undermining the real economy and progressive policies at a national level. Currency speculators trade over 1800 billion US-$ each day across borders – about 90% of the currency trade is speculative! In the globalized economy, there is a lack of adequate funding for [...]

How do I get foreign currency without visiting another country?

I want to start collecting foreign currency, but I can’t afford to visit other countries. I don’t know whether this is a stupid question but how do I get foreign currency. Do I just go to the bank? Excuse me if this question is stupid but I am only 16 an I don’t know much [...]

How get currency exchanged in a foreign country?

When you are in a foreign country, where do you go to get your dollars exchanged for local currency? Is there a way you can exchange it right here in the U.S.?