The foreign exchange rate is

the rate of interest on foreign loansCorrect answerYour answerthe price of one currency in terms of anotherCorrect answerYour answerthe growth rate of exportsCorrect answerYour answerthe share of trade in GDPCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

₹84 per dollar means one dollar costs ₹84.

Concept: Meaning of the exchange rate
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsThe exchange rate

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The foreign exchange rate is

Explanation