The currency traded in a foreign exchange market for which demand is persistently high relative to supply is called:

Related MCQs

• 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
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?
• The demand of a commodity is a direct demand but the demand of a factor of production is called a -
• The demand for two or more commodities or factor of production that are used together so that a change in demand for one will be reflected in a change in demand for other e.g., cloth and thread is called
• Foreign currency which has a tendency of quick migration is called -
• A market in which supply and demand are not subject to regulation other than normal competition policy is termed:
• The price at which one currency is exchanged for another currency is known as:
• A currency having a falling exchange rate due to continuing balance of payments deficit is called a-
• When there is an official change in the exchange rate of domestic currency, then it is called
• Pegging up of a currency means, fixing the value of a currency -