Tag Archives : Free or pegged Exchange Rates

Exchange Rates: What do you understand by Exchange Rates?

Exchange Rates: What do you understand by Exchange Rates?

Posted by R. MAK. on August 5, 2009 · 0 Comment

In finance, the exchange rates is also known as the foreign-exchange rate, forex rate or FX rate. Between two currencies it is specified by the exchange rates that how much one currency is worth in terms of the other. It the value of a foreign nation’s currency in terms of the…

Filed in: Currency Rates, Currency Trade, Forex Basics, Forex Market

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