A massive selling of domestic currency assets by domestic and foreign financial investors is called

Question

Quizplus · Accepted Answer

A massive selling of domestic currency assets by domestic and foreign financial investors is called a speculative attack. This is when investors sell off their holdings in a particular currency in anticipation of a decline in its value, which can lead to a rapid devaluation of the currency. This can be triggered by various factors such as political instability or economic turmoil, but ultimately it reflects a lack of confidence in the strength of the currency.

A Massive Selling of Domestic Currency Assets by Domestic and Foreign