CBSE BOARD XII, asked by anshupriu, 3 months ago

meaning ofFOREIGN EXCHANGE RATE​

Answers

Answered by shashi1979bala
3

foreign exchange rate is the relative value between two currencies. Simply put, "exchange rates are the amount of one currency you can exchange for another." In travel, the exchange rate is defined by how much money, or the amount of a foreign currency, that you can buy with one US dollar

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anshupriu: thankyou so much
Answered by kchuzho
1

Explanation:

A foreign exchange rate is the relative value between two currencies. Simply put, "exchange rates are the amount of one currency you can exchange for another." In travel, the exchange rate is defined by how much money, or the amount of a foreign currency, that you can buy with one US dollar.

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