Kind of exchange rate
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Expert
The Flexible exchange rate has no official intervention. This is recognized by the interaction of demand and supply in the foreign exchange market.
The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b
‘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?’
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
Question 1: The financial crisis that hit the United States first and then the world economy starting in fall 2007 meant that the future prospects of many firms looked gloomy at best for some time. Comment on the e
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?
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Who was responsible for setting the tone for following generations of economists?
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
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