forex d forexdiscountbrokerscount brokers forexbonusrebate is the exchange rate is also known as foreign exchange market or exchange rate, is a countrys forexrebatesbrokers exchange rate for another countrys currency, is a currency to express the price of another currency because of the different names of the worlds currencies, the value of the currency varies, so a countrys currency to the currency of other countries to specify a rate of exchange, that is, the exchange rate exchange rate is also each country in order to achieve its political objectives financial means exchange rate will Because of interest rates, inflation, national politics and the economy of each country and other reasons and changes in national currencies can be compared, can form a ratio between each other, the reason is that they all represent a certain amount of value, which is the basis for the determination of the exchange rate exchange rate is usually expressed in two ways, that is, the local currency exchange rate and foreign currency exchange rate local currency exchange rate and foreign currency exchange rate are two relative concepts, their rise and fall of the The exchange rate is the exchange rate of a countrys currency with another countrys currency exchange rate if the foreign currency as a commodity, then the exchange rate is to buy and sell foreign exchange prices, is a currency to express the price of another currency, so also known as the exchange rate (b) the exchange rate of the valuation cashback forex to determine the price between two different currencies, first determine which countrys currency as the standard due to the determination of the standard is different. So there are several different foreign exchange rate valuation method direct valuation method is also known as payable valuation method is to a certain unit of foreign currency as the standard, converted into domestic currency to express its exchange rate in the direct valuation method, the amount of foreign currency is fixed, the exchange rate rise or fall in the relative amount of domestic currency to demonstrate the amount of change in a certain unit of foreign currency converted into domestic currency decreased, indicating that the foreign exchange rate has fallen, and Foreign currency depreciation or appreciation of the local currency China and most international countries are using the direct markup method Chinas RMB exchange rate is based on market supply and demand, a single, managed floating exchange rate system The Peoples Bank of China announces the exchange rate of the RMB against major foreign currencies based on prices formed in the interbank foreign exchange market 1. Indirect markup method is also known as the receivable markup method is a certain unit of domestic currency as the standard, converted into a certain Under the indirect method, the amount of domestic currency is fixed and the exchange rate rises or falls with the change of the relative amount of foreign currency, which means that the exchange rate of the domestic currency rises, i.e. the local currency appreciates or depreciates. 2. the direct markup method and the indirect markup method expressed in the exchange rate of the opposite meaning, so in quoting the exchange rate of a currency and the exchange rate of its high or low rise or fall, it must be clear which markup method to avoid confusion 3. the dollar markup method, also known as the New York markup method, refers to the international financial market in New York, in addition to the pound sterling with the direct markup method, to Other foreign currencies with the indirect method of price method of the U.S. dollar price method developed by the United States on September 1, 1978, is currently the international financial market prevailing price method of the world foreign exchange market is composed of the international financial center of the foreign exchange market, which is a huge system of the current market about the foreign exchange market more than 30, including the most important are London, New York, Paris, Tokyo, Switzerland, Singapore, Hong Kong, etc. They have their own characteristics and are located in different countries and regions, and interlinked, forming a global unified foreign exchange market