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Bretton Woods

1944 Agreement, which used the price of gold to fix the exchange rates of major currencies. He was replaced in 1971 by a system of floating exchange rate remains in place today.

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Top 5 factors that affect exchange rates ...

There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

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