What is “Money” ? Part III

Previously, Nate was asked by his mother ‘What is free-floating currency （匯率浮動的貨幣）?’ A free-floating currency is the currency price of a nation set by the foreign exchange market（外匯市場）based on supply and demand relative to other currencies. This means that the supply and demand of the currency depends on international trading activities, foreign direct investment and political stability of the nation. Nate continued his ...Read More