Home
Class 12
ECONOMICS
Foreign exchange rate is determined by:...

Foreign exchange rate is determined by:

A

demand for foreign exchange

B

supply of foreign exchange

C

both a and b

D

neither a nor b

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Topper's Solved these Questions

  • FOREIGN EXCHANGE RATE

    RADHA BHUGANA|Exercise OBJECTIVE TYPE QUESTIONS|8 Videos

  • FOREIGN EXCHANGE RATE

    RADHA BHUGANA|Exercise CONCEPTUAL QUESTIONS|8 Videos

  • FOREIGN EXCHANGE RATE

    RADHA BHUGANA|Exercise LONG ANSWER TYPE QUESTIONS|6 Videos

  • EXCESS DEMAND AND DEFICIENT DEMAND

    RADHA BHUGANA|Exercise LONG ANSWER|6 Videos

  • GOVERNMENT BUDGET AND THE ECONOMY

    RADHA BHUGANA|Exercise Unsolved Numericals|4 Videos

Similar Questions

Explore conceptually related problems

Under flexible exchange rate system, the exchange rate is determined

Foreign exchange rate means the rate at which the currency of one country can be traded for :