Demand for foreign currency depends upon:

Related MCQs

• Devaluation which means fall in value of domestic currency in terms of foreign currency takes place in
• The exchange rate at which demand for foreign currency becomes equal to its supply, is called
• Other things remaining the unchanged, when in a country the price of foreign currency rises, national income is:
• Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely
• Other things remaining unchanged, when in a country the price of foreign currency rises, national income is
• A foreign currency account maintained by a bank abroad is its
• Which function of foreign exchange market protects against the foreign exchange risk?
• For issuing / printing currency notes, the RBI has adopted a system –
• Reduction in the value of domestic currency by the government is called
• Reduction in the value of domestic currency through market forces is called