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if you ever traveled abroad and had to exchange currency from your host country into other countries all right thats a roger grow asset management did you ever think about why that raid is what it is and who sets it well there are two camps on this there are some countries which have fixed their currencies to other countries an example would be the hong kong dollar being fixed to the us dollar its part of government policy to maintain that pig on the other hand for the vast number of other currencies its the public that sets the price the reason the public has a whole lot more money than the governments you want an example look at the us dollar against the euro or yen or perhaps was frank over the last couple of years and you can get a sense of just how many dollars traded in the volatility believe me we the public have a lot more money than the governments and we the public are going to dictate what were going to pay for a specific currency if theres one rule of thumb if a coun
