Handouts foreign exchange

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Handouts foreign exchange

  1. 1. ForeignExchange Rate
  2. 2. an exchange rate between twocurrencies is the rateat which one currencywill be exchanged for another. It is alsoregarded as the value of one country’s currency in terms of another currency.
  3. 3. FOREIGN MONEY IS LIKE A COMMODITY WHICH CAN BE BOUGHT AND SOLD
  4. 4. PFX DF X QF X
  5. 5. Travel & Foreigntourism Trading Foreign investment
  6. 6. PFX D1 php D2 php QF X
  7. 7. PFX Er (exchange rate) sphp D1php QF X
  8. 8. PFX Er (exchange rate) sphp D1php D2php QF X
  9. 9. p $

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