Money Management & Personal Finance : What Determines the Foreign Exchange Rate?

To determine the foreign exchange rate for different currencies, check the local paper for exchange rates, and pay attention to the inflation rate. Avoid exchanging money with countries that spend more money than they bring in with advice from a financial consultant in this free video on currency exchange.

Expert: Roger Groh
Bio: Roger Groh is the founder of Groh Asset Management.
Filmmaker: Bing Hu

Category:

Howto & Style

Tags:

• finance
• money
• investments
• banking
• investing
• hedge
• funds
• market
• accounts
• stocks
• bonds
• banks
• bank

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[markfuller042]

Currency exchange is very important for investments and when you are traveling. Thank you for sharing and spending time making such informative and helpful videos.

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[edyinthesky]

yep, you get the best exchange rates... but you also pay the highest fees... On the other hand, if you change cash, you'll get more money...

[TheTonylearner]

Thank you for your explanation. I found it both interesting and practical. The credit card advisement is a wise tip. Thank you for the post.