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.
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.