vekselkurss
Vekselkurss refers to the value of one country's currency expressed in terms of another country's currency. It is the rate at which one currency can be exchanged for another. This rate is determined by supply and demand in the foreign exchange market, where currencies are bought and sold. Factors influencing vekselkurss include interest rates, inflation, economic stability, political events, and speculation.
Different types of vekselkurss exist. A floating vekselkurss is determined by market forces and can fluctuate
Vekselkurss plays a crucial role in international trade and investment. A strong vekselkurss makes a country's