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What is the rate of Muscat Riyal in Pakistan?
1 rupees
What is Pakistan's current Foreign remittances rate?
The conversion rate varies depending on the currency of choice.
What is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
What is The value of a foreign nations currency in terms of the home nations currency?
Exchange Rate.
How to calculate the exchange rate between two currencies?
To calculate the exchange rate between two currencies, you can use the formula: Exchange Rate Value of One Currency / Value of Another Currency. This will give you the amount of one currency needed to buy one unit of the other currency.
What is a currency whose value is determined by the supply and demand for the currency in the market?
Pegged currency ^For me on apex 2022 :)
The value of one's country's currency as compared to another country's currency?
Floating exchange rate
What represents the value of one nation's currency relative to the currencies of another coutry?
currency rate
When converting currency, do you multiply or divide?
When converting currency, you multiply the amount by the exchange rate to get the equivalent value in the other currency.
How can one effectively short a currency?
To effectively short a currency, an investor borrows the currency at a certain exchange rate, sells it at that rate, and then buys it back at a lower rate to repay the loan. This allows the investor to profit if the currency's value decreases.
What is the meaning of parity value in foreign exchange?
In a pegged/fixed exchange rate system the value of currency is fixed in terms of gold or the value of other currency.This value is the parity value of the currency
What is the relationship between interest rate and discount rate?
When interest rates increases currency value appreciates while when interest rate decreases so the currency rates depreciates
