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Exchange rate (2)
EXCHANGE RATE (2)

Definition: The amount of another country's currency that you get in exchange for a unit of a particular country's currency.
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* All 8 should be in, to determine it.

* See perfect MONEY-CHANGING.


1. Buyer's need for currency is instant - not for stockpiling !

2. Seller is able to dispose cash on demand - no hoarding !

3. Seller paints no 'doomsday scenario', about an impending crash of the currency markets, forecast of a global recession, devaluation, impending currency reissue, manipulation of free market forces, etc., etc. during the negotiation process.

4. Negotiation is allowed and happens between seller and buyer. And no time limit is imposed on when this can be concluded. That is, any verification, reconfirmation, etc. will be done, where necessary.

5. Amount of the currency that will be demanded by a buyer can be provided by a seller, at the moment of request (connect to #2).

6. Economies of the countries involved in exchange are stable. That is, free market forces will be fully responsible for the outcome of a transaction.

7. Monies available for exchange were not obtained fraudulently - through corrupt practices, embezzlement, bungs, gains of insider trading, etc., etc.

8. Not the amount fixed by the official government or the central bank of a country! (To emphasize.)
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* THE BEST RATE.

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