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Exchange rate

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❶It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the number of units of the given country's currency that would be necessary to buy that market basket directly in the given country. This is a technique aimed at analyzing economic data with the purpose of removing fluctuations that take place as a result of seasonal factors.

BREAKING DOWN 'Exchange Rate'

exchange rate
Financial Definition of EXCHANGE RATE
Use 'exchange rate' in a Sentence

3 kg (2. 8 pounds) more weight loss compared to placebo, over a period of 12 weeks. They found no difference in appetite between groups (8). Overall, I looked at 4 more studies. Two of them showed weight loss of a few pounds over a period of 8 weeks (9, 10), but the other two showed no effect (11, 12).

Exchange Rate

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An exchange rate is the price of a nation’s currency in terms of another currency. It has two components, the domestic currency and a .

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The exchange rate between one country and another country's currency means that you must pay attention to how much money you have before exchanging it when going to another country. 14 people found this helpful.

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Exchange rate definition, the ratio at which a unit of the currency of one country can be exchanged for that of another country. See more. Definition: Exchange rate is the price of one currency in terms of another currency. Description: Exchange rates can be either fixed or floating. Fixed exchange rates are decided by central banks of a country whereas floating exchange rates are decided by the mechanism of market demand and supply.

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Exchange rate The price of one country's currency expressed in another country's currency. Exchange Rate The value of two currencies relative to each other. For example, on a given day, one may trade one U.S. dollar for a certain number of British pounds. A currency's exchange rates may be floating (that is, they may change from . Exchange rate definition is - the ratio at which the principal unit of two currencies may be traded. the ratio at which the principal unit of two currencies may be traded See the full definition.