Exchange rates


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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Exchange rate - definition

An exchange rate is the price of one currency expressed in terms of another currency, or against a basket of other currencies. In a floating exchange rate regime rates are determined by the forces of demand and supply in the foreign exchange market.

exchange rate influences 

However, exchange rates may be pegged against another currency, or fixed to the value of gold. In which case the rate will be predetermined for a period of time, rather than constantly fluctuating over time.

Types of exchange rate
exchange rate types 

WTO rules

What exactly is the 'most favoured nation' rule?

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Customs unions

Costs and benefits of customs unions.

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New materials

Multiple choice papers for Paper Three.

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Savings ratio

Savings ratio falls to lowest level on record.

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