How is the Exchange Rate Determined?
Many individuals try to make money by trading on various currencies. This system is usually carried out at exchange rates. First, the value changes of different currencies are examined. Then, it is tried to predict future price differences over past value movements. In this way, a trade relationship between currencies begins.
In general, investors perform these transactions over the exchange rate, that is, through the dollar and the euro. Exchange rate movements can be shaped according to the political, social or economic developments of different countries.
Therefore, a good investor should be a good media follower.