Exchange rate/Definition: Difference between revisions
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imported>David E. Volk m (New page: <noinclude>{{Subpages}}</noinclude> The price of one monetary currency in terms of another.) |
imported>Nick Gardner No edit summary |
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The price of one monetary currency in terms of another. | The price of one monetary currency in terms of another (when the term is used without identifying the pair of countries to which it refers, it may be taken to refer to a country's [[trade-weighted exchange rate]]). | ||
Latest revision as of 03:54, 12 December 2010
The price of one monetary currency in terms of another (when the term is used without identifying the pair of countries to which it refers, it may be taken to refer to a country's trade-weighted exchange rate).