Which of the following best defines the meaning of Exchange rate? - Study24x7
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27 Oct 2020 05:50 PM study24x7 study24x7

Which of the following best defines the meaning of Exchange rate?

A

It is a price at which Foreign money is exchanged at counters.

B

 It is the price at which one country’s currency is expressed in another country’s currency.

C

It is the price at which Foreign materials are purchased or sold.

D

All of the above

SSC Banking UPSC
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