Need of foreign currency
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 contemplate on the value of foreign currencies.
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 contemplate on the value of foreign currencies.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
what are the key callenges to indian economic development
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
what are the techniques of balance of payment?
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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.
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
Who rediscovered Bachelier’s thesis?
5. What are the factors responsible for the recent surge in international portfolio investment?
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