InThinking Subject Sites

Subscription websites for Cambridge IGCSE teachers & their classes

Find out more


Sitemap
Recommendations
Other subjects
Brochure
Student access tools
 You need to log-in or subscribe in order to use Student access.

6.3.1 - Definition of foreign exchange rate

6.3.1 - Definition of foreign exchange rateThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to be able to define exchange rates, as well as floating and fixed exchange rate systems.The term exchange rate refers to the price or value one currency in terms of another currency, such as the US dollar being valued at 7.78 Hong Kong dollars (USD1 = HKD7.78). In general, exchange rates are determined...

To access the entire contents of this site, you need to log in or subscribe to it.

Alternatively, you can request a one month free trial.