MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Fixed Exchange Rate System

Very Short An...

Question

Very Short Answer Type Questions:
Give the meaning of forward exchange rate.

Open in App

Solution

The exchange rate quoted in forward transactions is known as the forward exchange rate.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Very Short Answer Type Questions:
Give meaning of managed floating exchange rate.

Q. Very Short Answer Type Questions
What is meant by foreign exchange rate?

Q. Very Short Answer Type Questions:
Define flexible exchange rate system.

Q. Very Short Answer Type Questions:
What is a fixed exchange rate?

Q. Very Short Answer Type Questions:
What is meant by spot exchange rate?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Exchange Rate Systems

ECONOMICS

Watch in App

explore_more_icon

Explore more

Fixed Exchange Rate System

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon