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What is the difference between buying foreign currency in exchange for domestic currency….?

And selling foreign currency in exchange for domestic currency on the foreign exchange market?

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2 Responses to “What is the difference between buying foreign currency in exchange for domestic currency….?”

  1. You have to pay the exchange fees. If you are living in Europe and trying to buy US dollar, it will be great, because of the weak Euro and strong dollar. That’s the way most of speculants are doing now. But not vice versa.

  2. ronald.glass@sbcglobal.net Says:
    March 11th, 2010 at 7:45 am

    Your question isn’t clear to me but all I can say is that the exchange rate differs between the two currencies sometimes on a daily basis so you must be careful or you will either lose or gain purchasing power.

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