Influence of supply in exchange rate
If exchange rate of foreign currency downs or falls its supply too falls. Elucidate how? Answer: If exchange rate downs or falls, experts become less gainful therefore supply of foreign currency via exports falls.
If exchange rate of foreign currency downs or falls its supply too falls. Elucidate how?
Answer: If exchange rate downs or falls, experts become less gainful therefore supply of foreign currency via exports falls.
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
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.
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.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
‘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?’
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
what are the key callenges to indian economic development
Who was 1970 Nobel Laureate in Economics?
18,76,764
1928224 Asked
3,689
Active Tutors
1457382
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!