Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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safeguard against the crisis of confidence in system explain
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
what are the techniques of balance of payment?
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.
5. What are the factors responsible for the recent surge in international portfolio investment?
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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