I heard that FOREX rate fluctuates almost every 4 seconds, that means 21,600 times a day. Can anybody tell me what are the factors influences to change. Also how they know the exact % to change. This question is applicable to gold rate and ruppe rate also petrol rate. plssssssssss answer.
HI Shwetha,
Its all about Demand , Supply or Availability, Bargaining Power and a lot more factors effects the rate. Follow this link, here Mr Khan will explain you in detail
There you have a couple of videos regarding Currency Fluctuations
https://www.khanacademy.org/video/currency-exchange-introduction?playlist=Currency
thq prakash
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
CMNITY HIRE
New Delhi
Others
View Details
CAclubindia
