Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
5. What are the factors responsible for the recent surge in international portfolio investment?
Who won the Nobel Prize for Economics in 1997?
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
‘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?’
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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