Currency Exchange Rate

What is the difference BETWEEN fixed and floating/fluctuating interest rates? Analyze how foreign exchange rate is determined when dealing with the business implications. Also, compute the exchange rate between the USA Dollar (fixed) and a country currency (floating) of your choice, then give the rates. Go to https://www.oanda.com/currency/live-exchange-rates/ or www.xe.com/currencyconverter and monitor rates for 2 consecutive days – giving dates.

Write 2 full pages of text not including your cover page and references, in APA Format.

Policy: Use peer-reviewed journals or reputable articles from 2009 – present to support your research, in APA format. No Wikipedia, BLOGS with ads from yahoo.com or google.com search engines; UKEssay.com; www.buzzle.com, study.com or site that challenge as they present a biased opinion.