Exchange Rate
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In finance, the exchange rates (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. It is the value of a foreign nation s currency in terms of the home nation s currency. For example an exchange rate of 91 Japanese yen (JPY, Yen ) to the United States dollar (USD, $) means that JPY 91 is worth the same as USD 1. The foreign exchange market is one of the largest markets in the world. By some estimates, about 3.2 trillion USD worth of currency changes hands every day. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
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GarantieWeitere Informationen
- Allgemeine Informationen
- GTIN 09786130226404
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- Sprache Englisch
- Größe H220mm x B150mm x T6mm
- Jahr 2009
- EAN 9786130226404
- Format Fachbuch
- ISBN 978-613-0-22640-4
- Titel Exchange Rate
- Untertitel Exchange Rate, Finance, Japanese Yen, United States Dollar, Foreign Exchange Market, Exchange Rate Regime, Real Exchange Rate Puzzles, Interest Rate Parity, Capital Asset Pricing Model
- Gewicht 165g
- Herausgeber Alphascript Publishing
- Anzahl Seiten 100
- Genre Wirtschaft
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