The price at which one currency is exchanged for another currency is known as:

Related MCQs

• The reduction of the fixed official rate at which one currency is exchanged for another in a fixed exchange rate regime is termed:
• Claims on another country held in the form of the currency of that country are known as:
• Pegging up of a currency means, fixing the value of a currency -
• The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called
• If the price of Pepsi decreases relative to the price of Coke and 7-Up, the demand for
• Equilibrium price is the price when :
• One who owes money to another is known as
• The reduction in value of an asset as reduction in the value of currency is known as:
• What is the term used for the flow of goods and services that enter for sale into one country and which is product of another country?
• Price theory is also known as -