Business terms and jargon explained. Your business dictionary

What is Exchange Rate

This is the rate of exchange that you will get for a currency for one unit of another currency. E.g. One dollar will get 1.2 euros. 1:1.2.

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Term created / updated 2005-08-16 17:34:08

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

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