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Difference between nominal exchange rate and …

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Difference between nominal exchange rate and real echange rate

    • Posted by Shailja Choudhary 4 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Sia ? 4 years, 7 months ago

    While the nominal exchange rate tells how much foreign currency can be exchanged for a unit of domestic currency, the real exchange rate tells how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.

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