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6.4.1 definition of exchange rate
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Money Has a Price

Money Has a Price

An exchange rate is the price of one currency expressed in terms of another currency. It is determined by demand and supply in the foreign exchange market.

6.4.1 definition of exchange rate Lesson

  1. Intl A Level
  2. /Economics
  3. /6.4.1 definition of exchange rate

Step-by-step lessons on CIE Intl A Level Economics 6.4.1 definition of exchange rate. Each one builds up to exam-style questions.