When you’re looking to spend or transfer money overseas, you have a lot of different companies to choose from, and they all offer different types of services at varying prices. We’ve taken the time to research each of the providers in this list and compare and rate them based on their fees, exchange rates, customer service, and more.
The primary role of central banks is to keep inflation low by setting the interest rate at which commercial banks can borrow. This activity impacts both the inflation and also the relative value (exchange rate) of the domestic currency.
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