The conversion factor from one currency to another is referred to by what term?Currency rateCredit rateDiscount rateExchange rate

Question

The conversion factor from one currency to another is referred to by what term?Currency rateCredit rateDiscount rateExchange rate
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Solution 1

The conversion factor from one currency to another is referred to by what term?

  1. Currency rate
  2. Credit rate
  3. Discount rate
  4. Exchange rate

Step-by-step:

  1. Currency rate: This term generally refers to the value of a currency in terms of another currency, but it is not the most precise Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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The conversion factor from one currency to another is referred to by what term?Currency rateCredit rateDiscount rateExchange rate

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