Exchange rate: Difference between revisions
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''Foreign exchange''. | |||
The price of one currency in terms of another. | The price of one currency in terms of another. | ||
| Line 4: | Line 6: | ||
For example £1 = $1.32. | For example £1 = $1.32. | ||
£1 is the equivalent of $1.32 or $1 is the equivalent of £0.76. | £1 is the equivalent of $1.32, or $1 is the equivalent of £0.76. | ||
== See also == | == See also == | ||
* [[Cable]] | * [[Cable]] | ||
* [[Currency]] | |||
* [[Currency | |||
* [[Devaluation]] | * [[Devaluation]] | ||
* [[Foreign exchange]] | * [[Foreign exchange]] | ||
* [[Parity]] | * [[Parity]] | ||
* [[Real exchange rate]] | * [[Real exchange rate]] | ||
== Other resources == | |||
[[Media:June_16_TT_Base_jumper.pdf| Base jumper - applying direct and indirect exchange rates, The Treasurer]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Latest revision as of 20:08, 7 October 2018
Foreign exchange.
The price of one currency in terms of another.
For example £1 = $1.32.
£1 is the equivalent of $1.32, or $1 is the equivalent of £0.76.
See also
Other resources
Base jumper - applying direct and indirect exchange rates, The Treasurer
