The exchange rate at which demand for foreign currency becomes equal to its supply, is called

Related MCQs

• Which function of foreign exchange market protects against the foreign exchange risk?
• Devaluation which means fall in value of domestic currency in terms of foreign currency takes place in
• Under fixed exchange rate system, the currency rate in the market is maintained through
• Demand for foreign currency depends upon:
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• In which of the following items raises the supply of foreign exchange ?
• 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?
• The supply of foreign exchange comes from..
• A foreign currency account maintained by a bank abroad is its
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