equilibrium exchange rate
noun [ S ]
ECONOMICS ukusthe rate of exchange for a currency at which the supply of that currency and the demand for it are equal:
He attempts to estimate an equilibrium exchange rate for sterling against the euro.
| 单词 | equilibrium exchange rate |
| 释义 | equilibrium exchange rate noun [ S ] ECONOMICS ukusthe rate of exchange for a currency at which the supply of that currency and the demand for it are equal: He attempts to estimate an equilibrium exchange rate for sterling against the euro. |
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