'News' as used in the exchange rate literature refers to:
A) political news which speculators follow
B) unanticipated changes in the variables that affect the exchange rate
C) economic news which market participants follow
D) rumours and gossip
Correct Answer:
Verified
Q6: Central banks intervene in the foreign exchange
Q7: Which of the following is NOT an
Q8: Which of the following is NOT conducive
Q9: Expectations affect the exchange rate because:
A) arbitrageurs
Q10: A speculative attack on a currency is
Q12: Stabilising speculation occurs when speculators:
A) buy high
Q13: Destabilising speculation occurs when speculators:
A) buy high
Q14: If the foreign currency equivalent of the
Q15: If the domestic currency price of a
Q16: The price of a commodity in the
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