The price of one currency in terms of another currency is known as the:
The price of one currency in terms of another currency is known as the:
Solution
✅ Correct Option: 2
By definition, the rate at which one currency is exchanged for another, i.e., the price of one currency expressed in terms of another, is called the exchange rate.
Related questions:
2025: 29 May Shift 1
2025: 15 May Shift 1
2026: 6 June Shift 1