Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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?
Who explained micro and macro economics?
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
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
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.
Who won the Nobel Prize for Economics in 1997?
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
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