What do you mean by foreign exchang rate? – InterviewSolution

InterviewSolution

1.	What do you mean by foreign exchang rate?
Answer» In finance, an exchange rate (also KNOWN as a foreign-exchange rate, FOREX rate, or rate) between two currencies 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 terms of another currencygd morning ✨✨

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