A _____ is the price of one currency,such as the dollar,in terms of another,such as the euro.
A) stock exchange index
B) securities market rate
C) commodities exchange rate
D) foreign exchange rate

Question

A _____ is the price of one currency,such as the dollar,in terms of another,such as the euro.
A) stock exchange index 
B) securities market rate 
C) commodities exchange rate 
D) foreign exchange rate

Quizplus · Accepted Answer

A foreign exchange rate shows the price of one currency in terms of another currency. It is used for international trade and business transactions. A stock exchange index reflects the performance of a group of stocks traded on a specific stock exchange. A commodities exchange rate shows the price of a specific commodity, such as gold or oil, in terms of a currency. A securities market rate refers to the yield or interest rate on a security or bond.

A _____ Is the Price of One Currency,such as the Dollar,in