Foreign exchange rates are

A) price at which purchases and sales of foreign goods take place.
B) movement of goods and services from one country to another.
C) the price of one currency in terms of a second currency.
D) differences between exports and imports.

Foreign Exchange Rates

The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another, influenced by market conditions, economic factors, and government policies.

Currency

A system of money in general use in a particular country or region, facilitating trade and economic transactions.

Second Currency

An alternate form of currency, sometimes unofficial or digital, used alongside a primary currency within an economy.