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Exchange rate is depends on the rate of that country currency rates

and gold!

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Q: How does the exchange rate affect Britain?
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Related questions

What is the current exchange rate between Britain and America?

usa = 1.000000 UK = 0.607595


How much is 1 Great Britain Pound Sterling in euros?

Since the exchange rate changes all the time, you better look this up in an online exchange rate calculator (for example, XE).


How would thick-walled alveoli affect the exchange of the respiratory gases?

lower exchange rate,takes longer for gases to diffuse


How do exchange rate affect businesses?

The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.


How do fluctuations to the international exchange rate of a nation's currency affect its balance of trade?

Helps the balance.


What is the current exchange rate of Great Britain pounds against Nigeria naira?

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What causes poverty in Britain?

What were the causes of poverty in england during the 1800's?


What is REER in exchange rate?

The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.


How do you calculate exchange rate?

The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.


How does exchange rate fluctuation affect the profitability of company engaged in import export?

The import export business relies on exchange rate. Fluctuations can greatly increase profits, or wipe them out altogether. This is what led to the establishment of the EURO.


What will be the estimated exchange rate in 2010?

The Exchange Rate is 6594.232$.


What is an unfavorable exchange rate?

unfavourable exchange rate movement