To______American dollars into foreign currency, multiply the amount by the rate of exchange.
A: compute
B: convey
C: convict
D: convert
A: compute
B: convey
C: convict
D: convert
举一反三
- 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
- In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate (), they sell foreign exchange and withdraw local currency. A: depreciates B: appreciates C: is fixed D: none of the above
- 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
- The __________ exchange rate is the price for “immediate” currency exchange. A: Current B: Forward C: Future D: Spot
- In a direct quotation, if the foreign currency is appreciating, the exchange rate __________.