Under fixed exchange rate system, when domestic currency is moved to a higher parity in terms of vehicle currency is:

Related MCQs

• A decrease in the domestic currency price of foreign currency is:
• Which one of the following is correct when there is under valuation of domestic currency:
• When demand for US dollars increases under flexible exchange rate system, then:
• A fall in the price of Rupee in terms of foreign exchange is termed as:
• Normal rate quoted in foreign exchange market is:
• If the Rupees per Dollar($) exchange rate changes from Rs 44 to 46 in an year by the market force, it implies
• The leading district for domestic and foreign tourist arrival is:
• The term 'Hindu rate of growth' refers to the 3.70% per annum growth rate achieved by the Indian economy over the first six Five Year Plans'. The term was coined by:
• Devaluation of currency may result in:
• In the case of paper currency