The Exchange rate is the                          

Related MCQs

• Under Exchange rate system, there is no interference of monetary authorities to decide exchange rate.
• __________ is a standardized contract to exchange one currency for another at a special date in the future at a price (exchange rate) that is fixed on the purchase date.
• Under Exchange rate system, value of currency is decided by the market forces of demand and supply.
•                Theory states that the exchange rate between currencies of two countries should be equal to the ratio of the countries price levels.
• Exchange rate is the __________________
• Under ____________ there is no interference of monetary authorities to decide exchange rate.
• _________ theory states that the exchange rate between currencies of two countries should be equal to the ratio of the countries price levels.
• ________ theory states that exchange rate between two currencies is directly affected by their interest rates.
• Effect of falling domestic exchange rate ___________
• Bid rate is lesser than _____________ rate.