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#2 (permalink) Mon Nov 09, 2009 23:34 pm exchange rate/interest rate? |
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| There is no specific meaning in their collocation: they are just two different concepts. Perhaps I do not completely understand your question. |
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Cerberus™ I'm here quite often ;-)

Joined: 11 Feb 2009 Posts: 774
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#3 (permalink) Tue Nov 10, 2009 6:58 am exchange rate/interest rate? |
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| No,no I'm asking only for their meanings, not from some relation |
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Borislav You can meet me at english-test.net
Joined: 12 Jul 2009 Posts: 61 Location: Bulgaria
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#4 (permalink) Tue Nov 10, 2009 7:22 am exchange rate/interest rate? |
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Look up wikipedia where would give you almost definition of terms you like.
http://en.wikipedia.org/wiki/Exchange_rate In finance, the exchange rates (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other.
http://en.wikipedia.org/wiki/Interest_rate An interest rate is the price a borrower pays for the use of money they borrow from another burrowee, for instance a small company might borrow capital from a bank to buy new assets for their business, and the return a lender receives for deferring the use of funds, by lending it to the borrower. Interests rates are fundamental to a Capitalist society. Interest rates are normally expressed as a percentage rate over the period of one year. _________________ Thank you very much,
Hieu Phan.
P/s: Please just correct if I'm wrong somewhere! |
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Hieupt I'm here quite often ;-)
Joined: 03 Mar 2009 Posts: 159 Location: Vietnam
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| shall vs will | persons vs. people |