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When the value of one currency is figured out in relation to another's, what has been determined? A. fixed exchange rate B. foreign currency exchange rate C. floating excha…

When the value of one currency is figured out in relation to another's, what has been determined? A. fixed exchange rate B. foreign currency exchange rate C. floating excha…
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When the value of one currency is figured out in relation to another's, what has been determined?

A. fixed exchange rate
B. foreign currency exchange rate
C. floating exchange rate
D. flexible exchange rate

asked
User Vikrant Rana
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8.8k points

2 Answers

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I believe it would be floating exchange rate
answered
User Z Star
by
7.3k points
1 vote
When the value of one currency is figured out in relation to another's, it would be the "floating exchange rate" that has been determined, since there are several factors that can alter this rate over time.
answered
User ArthurLambert
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8.4k points
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