(TBD) Exchange Rates

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Last updated 3:47 PM on 3/15/23
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23 Terms

1
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foreign exchange
- the currency of a foreign country
- the conversion of one country's currency into another
2
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exchange rate
- the rate at which one currency will be exchanged for another
- the value of one currency expressed in terms of another
3
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floating exchange rate system

4
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fixed exchange rate system

5
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managed exchange rate system

6
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pegging exchange rates

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appreciation

8
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depreciation

9
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revaluation

10
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devaluation

11
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overvalued currency

12
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undervalued currency

13
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demand-pull inflation

14
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cost-push inflation

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net exports

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export

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import

18
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US dollar

19
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British pound

20
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foreign direct investment (FDI)

21
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portfolio investment

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remittances

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speculation

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