Home
Class 12
ECONOMICS
Define foreign exchange rate?...

Define foreign exchange rate?

Text Solution

Verified by Experts

Foreign exchange rate refers to the rate at which the currency of one country is exchanged with the currency of another country, for example, if Rs 60 are to paid to buy one US dollar, then the exchange rate between two currencies is `$1 = Rs 60.`
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • FOREIGN EXCHANGE RATE

    RADHA BHUGANA|Exercise HIGHER ORDER THINKING SKILLS|4 Videos

  • FOREIGN EXCHANGE RATE

    RADHA BHUGANA|Exercise VALUE BASED QUESTIONS|3 Videos

  • FOREIGN EXCHANGE RATE

    RADHA BHUGANA|Exercise OBJECTIVE TYPE QUESTIONS|8 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

Define foreign exchange market.

Define foreign exchange market.

Knowledge Check

  • When foreign exchange rate rises, the demand of foreign exchange

    A
    rises
    B
    falls
    C
    does not change
    D
    none of these

    • Similar Questions

    Explore conceptually related problems

    How does giving incentives for exports influence foreign exchange rate? Explain.

    Increase in foreign exchange rate leads to increase in supply of foreign exchange.

    Increase in foreign exchange rate leads to rise in supply of foreign exchange

    Why does a rise in foreign exchange rate cause a rise in its supply?

    How can RBI help in bringing down the foreign exchange rate ?

    How does fixed foreign exchange rate promote capital movements and foreign trade?

    Explain the effect of rise in foreign exchange rate on (a) balance of trade and (b) national income.

    Home
    Profile