Why Demand for foreign exchange is made
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
Demand for foreign exchange is prepared to:
(A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
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.
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
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
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Balance of trade Which transactions Which transactions find out the balance of trade? When the balance of trade is in surplus?
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
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
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
18,76,764
1947146 Asked
3,689
Active Tutors
1457585
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!