Economy, asked by mandalpappukumar945, 11 months ago

what is exchange rate​

Answers

Answered by Anonymous
0

the value of one currency for the purpose of conversion to another.

Answered by murariverma9455
0

Explanation:

In finance, an exchange rate 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 relation to another currency. ... The spot exchange rate refers to the current exchange rate.

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