Parity
Categories: Metrics, Accounting, Company Management
What happens when two things are the same. A equals B.
So if two currencies are trading at parity, one dollar of one country's currency gets you one dollar of the other country's currency.
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What happens when two things are the same. A equals B.
So if two currencies are trading at parity, one dollar of one country's currency gets you one dollar of the other country's currency.