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2016-01-24
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Added the ability to have forms sent and signed the same day when working with partners out of state. Stores my forms in one location making them easy to locate.
Easy to use and has a wide variety of tools. Makes it easy to go paperless. Great price for the number of features it offers. Highly recommend.
What do you dislike?
More mobile compatibility for when I am on the go.
Recommendations to others considering the product:
I highly recommend. It is well worth the price.
What problems are you solving with the product? What benefits have you realized?
Added the ability to have forms sent and signed the same day when working with partners out of state. Stores my forms in one location making them easy to locate.
2017-12-07
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2024-04-30
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2023-03-08
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2023-02-13
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2021-02-03
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2020-11-14
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2020-05-29
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What makes something a currency?
Currency is a medium of exchange for goods and services. In short, it's money, in the form of paper or coins, usually issued by a government and generally accepted at its face value as a method of payment.
How is currency value determined?
The value of money is determined by the demand for it, just like the value of goods and services. When the demand for Treasury's is high, the value of the U.S. dollar rises. The third way is through foreign exchange reserves. That is the amount of dollars held by foreign governments.
How is the exchange rate of a currency determined?
The exchange rate of any currency is the number of units of that currency which is exchanged for 1 unit of the other currency. → One must pay Rs 63 to get $1 in return. This exchange rate is determined by the market forces of demand and supply.
Who determines the value of money?
The three main factors that determine the value of money are exchange rates, the amount of dollars held in foreign reserves, and the value of Treasury notes. The most important single factor determining the value of money is the basic rule of supply and demand.
How does a currency gain value?
If the price of a country's exports rises by a greater rate than that of its imports, its terms of trade have favorably improved. This, in turn, results in rising revenues from exports, which provides increased demand for the country's currency (and an increase in the currency's value).
What is the value of a dollar based on?
A currency's forex value depends on many factors. These include central bank interest rates, the country's debt levels, and the strength of its economy. When they are strong, so is the value of the currency. The Federal Reserve has many monetary tools that can influence the strength of the dollar.
What makes a currency pair move?
If you buy a currency pair, you buy the base currency and implicitly sell the quoted currency. The bid (buy price) represents how much of the quote currency you need to get one unit of the base currency. Conversely, when you sell the currency pair, you sell the base currency and receive the quote currency.
How do currency pairs move?
Positive coefficients indicate that the two currency pairs are positively correlated, meaning they generally move in the same direction. Negative coefficients indicate that the two currency pairs are negatively correlated, meaning they generally move in opposite directions.
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