The currency exchange rate varies daily or even hourly, so you would need to consult a rate site. In early 2016, the exchange rate between the pound sterling and the rupee was 1 GBP = 96.74 INR
43.63 is 1 dollar at the current exchange rate...
Interest rate parity between two countries taking into account the expected currency exchange und the, from the national bank determinated, current currency exchange.
Go to an online site, to get the current exchange rate - for example, www.xe.com
Gross Margin % which is calculated as Gross Margin / Sales
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The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
TT Selling rates are always higher than the TT Buying rates as the difference between the two is the spread a bank keeps. This spread is kept to cover the exchange risk that the bank has as well as the charge to provide the service. In case of USD/INR if the rates quoted in the market is 56.01/02, it essentially means when we sell USD (we received from abroad) to a bank, the rate quoted will be 56.01 (minus) an exchange margin that the bank might keep. On the other hand, when we buy USD (we are to make payment to a party abroad) from a bank, the rate quoted will be 56.02 (plus) an exchange margin that the bank might keep. The exchange margin mentioned here may differ from client to client depending upon the relationship that the bank has with the client.
The Exchange Rate is 6594.232$.
unfavourable exchange rate movement
Floating Exchange Rate
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
what are the causes of fluctuations in the exchange rate
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The Zimbabwean has the highest foreign exchange rate.
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