What is an Exchange Rate?
2:03
YouTubeInvestors Trading Academy
What is an Exchange Rate?
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Exchange Rate”. Exchange rate is the value at which one currency may be converted into another. The exchange rate is used when simply converting one currency to another such as for the purposes of travel to another country, or ...
78.7K viewsMay 8, 2015
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Understanding Exchange Rate Fluctuations: The Core Principles Explained
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