Economy, asked by gagan0deep0, 2 months ago

what is mean by foreign exchange rate?

Answers

Answered by karthikkammala

1

Answer:

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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