USDKHR Price, Chart, Live Rate and Forecast -Markets.com

USDKHR

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Analysis and statistics

Open
3901.7303$
Previous Close
4007.851$
52 Week Change
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Day Range
-106.12$
52 Week High/Low
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Dividend Per Share
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Market cap
--$
EPS
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Beta
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Volume
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About

USDKHR.FOREX most likely refers to the exchange rate between the US dollar (USD) and the Cambodian Riel (KHR) in the foreign exchange (FOREX) market. It represents the price of one US dollar in terms of Cambodian Riel. So, it indicates how many Cambodian Riel are needed to purchase one US dollar. This symbol is commonly used by financial platforms or data providers to denote this specific currency pair for trading or informational purposes.

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Factors

Exchange Rate: The fundamental driver is the supply and demand for both USD and KHR. Higher demand for USD pushes its value up, increasing the USDKHR rate. Interest Rate Differential: The difference in interest rates between the US and Cambodia can influence capital flows. Higher US interest rates may attract foreign investment, boosting USD demand and increasing the rate. Inflation Rates: Relative inflation rates also affect exchange rates. Higher inflation in Cambodia erodes KHR purchasing power, leading to KHR depreciation and a higher USDKHR rate. Economic Growth: Stronger US economic growth typically strengthens the USD, raising the USDKHR rate. Conversely, robust Cambodian growth can strengthen the KHR, lowering the rate. Political Stability: Political instability in Cambodia can decrease investor confidence, reducing demand for KHR and increasing USDKHR. Stability favors a stronger KHR.

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