Preview
  • Foreign Currency Exchange

  • Money
  • By: iMinds
  • Narrated by: Emily Sophie Knapp
  • Length: 7 mins
  • 4.4 out of 5 stars (51 ratings)

Access a growing selection of included Audible Originals, audiobooks, and podcasts.
You will get an email reminder before your trial ends.
Audible Plus auto-renews for $7.95/mo after 30 days. Upgrade or cancel anytime.

Foreign Currency Exchange

By: iMinds
Narrated by: Emily Sophie Knapp
Try for $0.00

$7.95 a month after 30 days. Cancel anytime.

Buy for $1.43

Buy for $1.43

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's summary

Learn about Foreign Currency Exchange with iMinds Money's insightful fast knowledge series. Foreign currency exchange is the transaction of monetary business between two different countries. When conducting any business, participants must eventually be paid in the currency of their own country, regardless off whether the business is domestic or international. As a result, the exchange of foreign currency is an integral part of international business.A key aspect to foreign currency exchange is the rate of exchange between two different currencies. The ‘exchange rate’ is the value of foreign currency that can be obtained with one unit of the domestic currency. It is in a constant state of change. Economic growth can lead to a rise in the exchange rate. High interest rates can attract foreign investment, causing a rise in the exchange rate. Conversely, if inflation is higher domestically than overseas, increasing prices and falling demand for exports can lead to a fall in the exchange rate. This makes foreign currency exchange very complicated. iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.

iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.iMinds unique fast-learning modules as seen in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others.. the future of general knowledge acquisition.

©2010 iMinds Pty Ltd (P)2010 iMinds Pty Ltd
activate_Holiday_promo_in_buybox_DT_T2

Editorial reviews

As any international traveler has experienced firsthand, foreign currency exchange can be a tricky business. Why, exactly, does one dollar not equal one British pound? Why does will one dollar yield approximately 30 Romanian lei at the airport in Bucharest? And who sets these rates? If these are questions you share, iMinds has a clear, concise, and straight-to-the-point answer for you. In under eight minutes, the precise, even voice of Emily Sophie Knapp will explain the issues surrounding foreign currency exchange, including its history.

Critic reviews

"I'm learning all sorts of stuff about stuff I didn't even know I didn't know. And it sticks. In a nutshell: wonderful." (Jonathon Margolis, Financial Times)

What listeners say about Foreign Currency Exchange

Average customer ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    30
  • 4 Stars
    11
  • 3 Stars
    8
  • 2 Stars
    2
  • 1 Stars
    0
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    31
  • 4 Stars
    8
  • 3 Stars
    6
  • 2 Stars
    1
  • 1 Stars
    0
Story
  • 4.5 out of 5 stars
  • 5 Stars
    29
  • 4 Stars
    8
  • 3 Stars
    5
  • 2 Stars
    4
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great beginning and simple to follow.

This is a well narrated introductions with an easy to follow pace. Perfect book to listen to while working.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!