Economy, asked by anitabajare1981, 4 months ago

foren exchange rate means​

Answers

Answered by laxmipriya6a
0

Answer:

0.014 United States dollar

Explanation:

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Answered by parveenashiya2007
0

Answer:

In finance, an exchange rate between two currencies is the rate at which one currency will be exchanged for another.

Explanation:

In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, or rate) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country's currency in terms of another currency.

For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the forex market.

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