Reduction in the value of domestic currency through market forces is called

Related MCQs

• Reduction in the value of domestic currency by the government is called
• Devaluation which means fall in value of domestic currency in terms of foreign currency takes place in
• Increase in the value of domestic currency by the government is called
• Depreciation of domestic currency leads to rise in:
• Under fixed exchange rate system, the currency rate in the market is maintained through
• Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely
• The market forces influencing the exchange rate are not fully operational under
• The exchange rate at which demand for foreign currency becomes equal to its supply, is called
• For issuing / printing currency notes, the RBI has adopted a system –
• Which exchange rate measures the average relative strength of a given currency with respect to other currencies without eliminating the effect of change in price?