The foreign exchange rate of a country is

Economics

JAMB 1979

A. the interest rate fixed by the central bank
B. the price of one national currency in terms of another
C. the rate at which the central bank issues money
D. the rate of interest on government bonds
E. None of the above

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Correct Answer: Option B

Explanation

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The foreign exchange rate of a country is

Correct Answer: Option B

Explanation

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