What is the rate of exchange for the US dollar vs. the Canadian dollar?

Answer The exchange rate on March 4, 2011 was 0.97263 Canadian dollars for every 1 U.S. dollar. However, the exchange rate is constantly changing due to different economic pressures on each country.Resour... Read More »

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What is the RMB exchange rate?

The exchange rate for renminbi, also known as RMB or Chinese yuan, as of July 13, 2010 is 6.78 RMB to one US dollar. This is the lowest the exchange rate of RMB for dollars since 1993.References:Ch... Read More »

What is a forward exchange rate?

A forward exchange rate is the rate at which a foreign currency will sell for at some time in the future. For example, an investor enters into a foreign exchange contract today to buy euros three m... Read More »

What Is a Pegged Exchange Rate?

A pegged exchange rate is the same thing as a fixed exchange rate. This type of exchange rate is when the government of one country fixes or pegs the value of its national currency to the value of ... Read More »

What is a foreign exchange rate?

A foreign exchange rate is a ratio of the value of one currency with regard to a different currency. Simply, it is the price of exchanging the money of one country for that of another.ProcessA fore... Read More »