The laws of supply and demand did not apply to Asian currencies.

Question

Quizplus · Accepted Answer

The laws of supply and demand apply to all currencies, including Asian currencies. The value of a currency is determined by the supply of and demand for that currency in the foreign exchange market. When there is a high demand for a currency, its value goes up, and when there is a low demand for a currency, its value goes down. The same is true for the supply of a currency. So, the laws of supply and demand do apply to Asian currencies.

The Laws of Supply and Demand Did Not Apply to Asian