The exchange rate is | Faculties

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Mr. Dubey

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📊 Banking and Finance 2

Q. The exchange rate is

(A) The price of one currency relative to gold.
(B) The value of a currency relative to inflation.
(C) The change in the value of money over time.
(D) The price of one currency relative to another.

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✅ Correct Answer: (D) The price of one currency relative to another.

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