What is the difference BETWEEN fixed and floating/fluctuating interest rates? Analyze how foreign exchange rate is determined when dealing with the business implications. Also, compute the exchange rate between the USA Dollar (fixed) and a country currency (floating) of your choice, then give the rates. Go to www.oanda.com/Forex or www.xe.com/currencyconverter and monitor rates for 2 consecutive days - giving dates. Use peer-reviewed journals or reputable articles from 2009

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Fixed Interest Rate Fixed interest rate is an interest rate on a liability such as a loan or mortgage that remains the same either for the entire term ... View the full answer