Define Managed floating rate system
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Determine the factors accountable for inflow of foreign currency? Answer: a) Foreigners buying home country services and goods via exports. b) Foreigners investment in home country via joint ventures and via
safeguard against the crisis of confidence in system explain
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
‘The pound has enhanced today on the foreign exchange market’ is a general media comment whenever the pound sterling appreciates. When the pound appreciates is it always excellent news for business and the economy?’
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
5. What are the factors responsible for the recent surge in international portfolio investment?
Who was 1970 Nobel Laureate in Economics?
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Who explained micro and macro economics?
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