Kind of exchange rate
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Expert
The Flexible exchange rate has no official intervention. This is recognized by the interaction of demand and supply in the foreign exchange market.
Question 1: The financial crisis that hit the United States first and then the world economy starting in fall 2007 meant that the future prospects of many firms looked gloomy at best for some time. Comment on the e
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
market structure and price-output determination
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Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
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The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
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.
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