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Exchange rate

Related Terms:

marshall lerner condition equivalent purchasing power parity currency sell rogernomics arbitration of exchange batta buy currency exchange amount peg rate of exchange currency war bretton woods

Definitions:

Noun

rate of exchange exchange rate

Definition: the charge for exchanging currency of one country for currency of another

Definition: The amount of one currency that a person or institution defines as equivalent to another when either buying or selling it at any particular moment

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