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start learning

Question		Answer
exchange rate start learning		the price at which one currency can be exchange for another.
depreciate start learning		to lose in value
currency speculation start learning		buiyng currency in the hope of making a profit.
appreciate start learning		to gain in value
speculative start learning		based on guess, not on information
fixed start learning		something which stays the same and not vary.
pegged exchange rate start learning		=fixed exchange rate
gold convertibility start learning		the price at which we can buy for example a ounce of gold (now about 35$).
floating interest rate start learning		interest rate which is depend on market forces.
market force start learning		the level of supply and demand
common currency start learning		a system of money shared by two or more countries.
intervene start learning		to come between points of time or events
exchange market start learning		place where traders buy or sell currencies.
reserves start learning		to retain for future use
manage start learning		be in charge of something
fixed interest rates start learning		situation when interest rates are stable for long time.
fiat money start learning		legal paper currency which can't be convert into coin.

Exchange rates