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Exchange Rates: Resources

Definition

Resource - is a source of exchange rates of a certain type for the currency pairs it supports.

There are two types of Exchange rates:

  • Fixed : A fixed exchange rate is a regime applied by a country whereby the government or central bank ties the official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.

  • Commercial - the rates of commercial banks and exchangers.

Note

Commercial Resource has two rates:

  • Ask (Buy)
  • Bid (Sell)

Here you can get informed about current currency rates in one of supported resources.

There is an ability to filter rates by certain currency pair.

Tip

To filter rate list use currency pair input above the Live rates list.

Screenshots

Resources Live rates