Definition
The price of one currency expressed in terms of another. Floating exchange rates fluctuate constantly based on supply and demand.
Related Macroeconomics terms
Inflation
The general rise in prices over time, reducing the purchasing power of money. Me…
Deflation
A general fall in the price level of goods and services. Less common than inflat…
GDP (Gross Domestic Product)
The total monetary value of all goods and services produced within a country ove…
CPI (Consumer Price Index)
A measure of the average change in prices paid by consumers for a basket of good…
PPI (Producer Price Index)
A measure of price changes from the perspective of domestic producers selling th…
Federal Funds Rate
The interest rate at which banks lend reserves to each other overnight. Set by t…
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Browse 350+ finance, crypto, and fintech terms across 12 categories in the Digital.Finance glossary.