The FX rate at the point where the demand and supply curves for a currency intersect is called a/an:

Question

Quizplus · Accepted Answer

The best choice is B, as the FX rate at the point where demand and supply curves intersect is known as the equilibrium exchange rate, which represents the market's balance between buyers and sellers of the currency. A balanced, intersection, or stable exchange rate does not accurately describe this concept.

The FX Rate at the Point Where the Demand and Supply