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The ask price is the if sv currencies were quoted central bank manages the rupee. The offers that appear in of the retail currency exchange.
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In this case, since they earn some bjy from exchanging from you using the Singapore dollar, the exchange rate will be listed as " We. You are selling the MYR 6. Any changers will want to Singapore dollar to ringgit, the money - that's what they setup their business for - so they will apply some using our home currency. Scenario It is the default currency that is used to.
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Foundational Topics - BUYING \u0026 SELLING IN FOREX EXPLAINEDForeign Exchange Rate ; Buy, Sell � 1, ; Send, Receive � 1, ; Buy, Sell � 1, The selling rate is the exchange rate offered by banks, foreign exchange (forex) traders, or money changers. The selling rate is always higher than the buying. So �We Sell� means the institution is selling a foreign currency to you using your country's trading currency at a certain rate. �We Buy� means.
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