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  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    The ............ expresses the ratio of exchange between the currencies of two countries.

    A) Foreign currency 

    B) Price of goods

    C) Foreign exchange rate

    D) None of the above

    Correct Answer: C

    Solution :

    Foreign exchange rate is the rate at which one unit of foreign currency is exchanged for some units of domestic currency.


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