Answer / neethu

In finance, the exchange rates (also known as the foreign-
exchange rate, forex rate or FX rate) between two
currencies specifies how much one currency is worth in
terms of the other. It is the value of a foreign nation’s
currency in terms of the home nation’s currency

Answer / shilpa arora

Exchange rate between two countries specifies how much one
currency is worth in terms of the other.
It is value of foreign national currency in terms
of home nation currency.
Exchange rate= e[P/Pf]
P= Domestic price level
Pf= foreign prce level

Answer / vandana

Rate at which one currency may be converted into another.
also called rate of exchange or foreign exchange rate or
currency exchange rate.

Answer / susanta kumar sahoo

A rate at which one currency my be converted to another
foreign currency is called exchange rate or foreign exchange
rate. Generally it determine on the basis of demand and
supply of that particular currency in global market.

Answer / vikram

exchange rate is the rate at which one country rent there money to other or simply we can said that its the cost at which one country give loan to other country.

Answer / bharat

exchange rate is nothing it is only that what is the ratio
of import and export of any country regarding to other
countries.

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