When currencies are viewed as assets, the price of a currency is its:
A) interest rate.
B) exchange rate.
C) inflation rate.
D) growth rate.

Question

Quizplus · Accepted Answer

The price of a currency, when viewed as an asset, is its exchange rate. This refers to the value of one currency in terms of another currency. The exchange rate is determined by supply and demand in the foreign exchange market, and can be influenced by a variety of factors, such as interest rates, economic growth, and geopolitical events.

When Currencies Are Viewed as Assets, the Price of a Currency