Exchange rates for one currency against another currency, are known as: a) Real exchange rate b) Nominal exchange rate c) Superfluous exchange rate d) None of the above

Exchange rates for one currency against another currency, are known
as:
a) Real exchange rate
b) Nominal exchange rate
c) Superfluous exchange rate
d) None of the above
by

1 Answer

Answer :

b) Nominal exchange rate
by

Related questions

The ratio of foreign rates to domestic rates measured in the 'same' currency is known as:a) Real exchange rateb) Nominal exchange ratec) Superfluous exchange rated) None of the above

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Last Answer : a) Real exchange rate

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Where can I find out more about currency exchange rates?

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Average Rate is the mean of the exchange rates in force during a period.

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