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.
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.
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5. What are the factors responsible for the recent surge in international portfolio investment?
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