Question: There are numerous foreign exchange calculators on the Internet, such as www.x-rates.com. You can find them via globalEDGE or by entering the keywords exchange rate

There are numerous foreign exchange calculators on the Internet, such as www.x-rates.com. You can find them via globalEDGE™ or by entering the keywords into a Google search. Visit one of these calculators and compare the exchange rates of various currencies, including the dollar, euro, yen, and renminbi. What is the rate for these currencies today? What was the euro–dollar one year ago? What factors might have caused the fluctuation in this rate during the year? Does this Web site provide a way to trade foreign currencies? What is the amount of commission or other fees charged?

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According to xratescom the exchange rate for the euro is 7019 euro 1 US dollar for the yen it is 114... View full answer

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