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What (who) is exchange rate - definition
Exchange rate
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![USD]] exchange rate](https://commons.wikimedia.org/wiki/Special:FilePath/EUR-USD exchange rate.webp?width=200 "USD]] exchange rate")
RATE AT WHICH ONE CURRENCY WILL BE EXCHANGED FOR ANOTHER
Exchange rates; Currency exchange rate; Foreign exchange rate; Exchange Rate; Unit currency; Currency exchanges; USD exchange-rate; Currency conversion; Currency Trading; Rate of exchange; Currency converter; Real exchange rate; Nominal exchange rate; USD-exchange rate; Exchange-rate; Declining dollar; Conversion (exchange); Dollar in yen; FX rate; Market exchange rate; Currency trader; Forex rate; Parallel exchange rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro.
exchange rate
RATE AT WHICH ONE CURRENCY WILL BE EXCHANGED FOR ANOTHER
Exchange rates; Currency exchange rate; Foreign exchange rate; Exchange Rate; Unit currency; Currency exchanges; USD exchange-rate; Currency conversion; Currency Trading; Rate of exchange; Currency converter; Real exchange rate; Nominal exchange rate; USD-exchange rate; Exchange-rate; Declining dollar; Conversion (exchange); Dollar in yen; FX rate; Market exchange rate; Currency trader; Forex rate; Parallel exchange rate
n.
1) to set an exchange rate
2) to apply an exchange rate
Exchange Rate
RATE AT WHICH ONE CURRENCY WILL BE EXCHANGED FOR ANOTHER
Exchange rates; Currency exchange rate; Foreign exchange rate; Exchange Rate; Unit currency; Currency exchanges; USD exchange-rate; Currency conversion; Currency Trading; Rate of exchange; Currency converter; Real exchange rate; Nominal exchange rate; USD-exchange rate; Exchange-rate; Declining dollar; Conversion (exchange); Dollar in yen; FX rate; Market exchange rate; Currency trader; Forex rate; Parallel exchange rate
· The price of one currency expressed in terms of another, i.e., the number of units of one currency that may be exchanged for one unit of another currency. Influences on exchange rates include differences between interest rates and other asset yields between countries; investor expectations about future changes in a currency's value; investors' views on the overall quantity of dollar-denominated assets in circulation; arbitrage; and central bank exchange rate support. See: Exchange Rate Classifications
· The rate of currency conversion between countries. For example, one American dollar can be hypothetically exchanged for six French francs.
Examples of use of exchange rate
1. Shekel–dollar options reflected a NIS 4.532 exchange rate – a slight gain over Friday‘s representative dollar exchange rate.
2. CHINA‘S EXCHANGE RATE Hu also addressed the need for China to permit more flexibility in its exchange rate, Shirzad said.
3. China took an important step in July in adopting a new exchange rate mechanism that allows for greater exchange rate flexibility and greater reflection of market forces in determining its exchange rate.
4. Ukraine for instance kept its exchange rate steady, selling and buying foreign currency to keep its exchange rate from moving, and is out of money.
5. The shekel–dollar exchange rate reached NIS 4.161.