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What is par exchange rate

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What is par exchange rate
  • 4 answers

Aarti Sharma 5 years, 10 months ago

Thanku

Vinay Patidar 5 years, 10 months ago

Nominal exchange rate is also called par exchange rate because demand for the currencies concerned in f.e.m

Aarti Sharma 5 years, 10 months ago

Thanx

Tamanna Beniwal 5 years, 10 months ago

Flexible exchange rate is known as par rate excange
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