Question : It measures the number of units of one currency required to exchange with one unit of another.
Option 1: Foreign exchange
Option 2: Foreign exchange market
Option 3: Foreign exchange rate
Option 4: None of the above.
Answer (1)
21st Jan, 2024
Correct Answer:
Foreign exchange market
Solution :
Foreign exchange rate measures the number of Unit of one currency required to exchange with one unit of another.
Hence Option B is correct.
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