Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
5. What are the factors responsible for the recent surge in international portfolio investment?
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
safeguard against the crisis of confidence in system explain
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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