Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
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.
what are the techniques of balance of payment?
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.
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
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
Normal 0
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
safeguard against the crisis of confidence in system explain
5. What are the factors responsible for the recent surge in international portfolio investment?
18,76,764
1959024 Asked
3,689
Active Tutors
1442530
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!