Over time the price level and exchange rate began to fall.
A new exchange rate is to be set a year later.
The effect will be to drive up the exchange rate.
The total was about $170 million at current exchange rate.
The price is $12 to $15 a person at the official exchange rate.
By 1988, the exchange rate moved back to about $1.70 a mark.
Under current exchange rates, he will, in effect, get a pay increase of nearly 20 percent.
International trade and exchange rates are a key issue in economic development.
Do you know what the current exchange rate is for American dollars?
This is done at the current exchange rate between the two countries.