The price of one country's currency in units of another currency or commodity is the ________.
A: foreign interest rate
B: foreign currency exchange rate
C: par value
D: international rate
A: foreign interest rate
B: foreign currency exchange rate
C: par value
D: international rate
举一反三
- 7. If the expected future spot exchange rate value of the foreign currency decreases, with the interest rate differential unchanged, the current spot exchange rate value of the domestic currency:
- If the domestic interest rate decreases, with the foreign interest rate and the expected future spot rate remaining unchanged, the value of the domestic currency vis-à-vis the foreign currency is expected to:
- Spot exchange rate is the exchange rate at which a foreign exchange dealer will convert one currency into another currency on _________________. A: some occasion B: a particular day C: a spot D: a period
- The foreign exchange rate is the price of A: capital B: products C: foreign currency D: investment
- Under a floating exchange rate, the government or central bank ties the official exchange rate to another country's currency or to the price of gold.