When there is an official change in the exchange rate of domestic currency, then it is called

Related MCQs

• The reduction of the fixed official rate at which one currency is exchanged for another in a fixed exchange rate regime is termed:
• Under flexible exchange rate system, the exchange rate is determined by -
• A currency having a falling exchange rate due to continuing balance of payments deficit is called a-
• A currency whose exchange rate is influenced by the government is a/an -
• The currency traded in a foreign exchange market for which demand is persistently high relative to supply is called:
• Pegging up of a currency means, fixing the value of a currency -
• The price at which one currency is exchanged for another currency is known as:
• If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is -
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• When percentage change in demand for a commodity is less than percentage change in its price, then demand is said to be -