The exchange rate at which demand for foreign currency becomes equal to its supply, is called
A) equal rate of exchange
B) mint parity
C) equilibrium exchange rate
D) all of these
Correct Answer:
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Q14: In which of the following items raises
Q15: A change from Rs. 140 = 2
Q16: Depreciation of domestic currency leads to rise
Q17: Flexible Exchange Rate System is also known
Q18: The rate which is determined by the
Q20: Demand for foreign currency depends upon:
A)repayment of
Q21: In a flexile exchange rate regime
A)central government
Q22: Foreign exchange transactions involve monetary transactions
A)among residents
Q23: Paper currency was used for internal use
Q24: A foreign currency account maintained by a
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