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  2. Foreign transaction fees vs. currency conversion fees: What ...

    www.aol.com/finance/foreign-transaction-fees-vs...

    Dynamic currency conversion (DCC) is a separate fee that merchants charge for converting purchases into your home currency. ... Typical rate. Foreign transaction fee. Transactions in foreign ...

  3. Monetary policy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    In the Philippines, monetary policy is the way the central bank, the Bangko Sentral ng Pilipinas, controls the supply and availability of money, the cost of money, and the rate of interest. With fiscal policy (government spending and taxes), monetary policy allows the government to influence the economy, control inflation, and stabilize currency.

  4. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  5. Managed float regime - Wikipedia

    en.wikipedia.org/wiki/Managed_float_regime

    A managed float regime, also known as a dirty float, is a type of exchange rate regime where a currency's value is allowed to fluctuate in response to foreign-exchange market mechanisms (i.e., supply and demand), but the central bank or monetary authority of the country intervenes occasionally to stabilize or steer the currency's value in a particular direction.

  6. List of circulating fixed exchange rate currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_fixed...

    Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79

  7. Interbank foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Interbank_foreign_exchange...

    Other factors contribute to currency exchange rates: these include forex transactions made by smaller banks, hedge funds, companies, forex brokers and traders. Companies are involved in forex transactions due to their need to pay for products and services supplied from other countries which use a different currency.

  8. Philippine peso - Wikipedia

    en.wikipedia.org/wiki/Philippine_peso

    The official exchange rate was ₱2 against the U.S. dollar from 1946 to 1962, devalued to ₱3.90 in 1962, and devalued again to ₱6.43 in 1970. Black market exchange rates during these periods, however, were nearly always higher than official rates. Several depreciations followed:

  9. RMT urged to think again over plan for rail strikes in ... - AOL

    www.aol.com/rmt-urged-think-again-over-140005142...

    But within hours of the offer on Sunday it was rejected by the RMT. The planned strikes, on December 13-14 and 16-17, coupled with an overtime ban over Christmas, risk a month of disruption on the ...