Exchange Rates May 2026

: A system where a government or central bank ties its currency's value to another major currency, such as the U.S. dollar, or a basket of currencies. For example, the Hong Kong dollar is pegged to the U.S. dollar within a tight range to provide stability for investors and trade. Key Determinants of Currency Value

The global economy primarily operates under two distinct regimes that determine how these values are set: exchange rates

Several interrelated macroeconomic factors drive the constant fluctuations seen in forex markets: How are exchange rates determined? | Western Union : A system where a government or central