Question

Define the Band rate.And explain?

Answer 1

A currency band is a system that establishes a trading range within which a currency's exchange rate can float. A currency band represents the price floor and ceiling that the price of a given currency can trade between and restricts how much the price can move relative to a reference currency or currencies

Answer 2

Bit rate is the number bits (0's and 1's) transmitted per second. On the other hand Baud rate is the number of times a signal is traveling comprised of bits.Baud rate can determine the bandwidth of the channel or its required amount to send the signal while through Bit rate it is not possible.