Exchange rate/Definition: Difference between revisions

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imported>David E. Volk
m (New page: <noinclude>{{Subpages}}</noinclude> The price of one monetary currency in terms of another.)
 
imported>Nick Gardner
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<noinclude>{{Subpages}}</noinclude>
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The price of one monetary currency in terms of another.
The price of one monetary currency in terms of another (when the term is used without identifying the  pair of countries to which  it refers, it may be  taken to refer to a country's [[trade-weighted exchange rate]]).

Latest revision as of 02:54, 12 December 2010

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A definition or brief description of Exchange rate.

The price of one monetary currency in terms of another (when the term is used without identifying the pair of countries to which it refers, it may be taken to refer to a country's trade-weighted exchange rate).