Exchange Rate
An exchange rate is the price of one currency expressed in another currency. It is set by supply and demand under a floating regime, or managed within limits by policy under a peg or band.
Understand investment products, market mechanics, indicators and research terminology. Each entry includes an explanation, example, cautions and related learning.
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An exchange rate is the price of one currency expressed in another currency. It is set by supply and demand under a floating regime, or managed within limits by policy under a peg or band.