It is also possible that the exchange rates between relevant currencies may be another factor in controlling generic prices.
But when you are involved in the market you see there are clear needs to hedge interest rates between dollars and other currencies.
As a consequence, conversion rates between different currencies could be determined simply from the respective gold standards.
The charge was developed to account for constantly changing exchange rates between the dollar and other currencies.
And in the long run, exchange rates between currencies roughly track the relative value.
But the rush to convert also means that many machines will be out of commission for long periods, in limbo between currencies.
Traders noted that much of the activity on currency markets involved moves between the yen and European currencies.
In addition, returns depend in part on exchange rates between the dollar and local currencies.
The dollar was also buffeted by trading between other currencies as the market focused on a new budget in Britain.
Thus, this system ensures that the exchange rate between currencies remains fixed.