Exchange Rate is nothing but“the price of one currency expressed in terms of another”.
Real Exchange Rate is an exchange rate that has been adjusted to take account of any
difference in the rate of inflation in the two countries whose currency is being
exchanged.
What determines the exchange rate ?
The exchange rate depends primarily on three factors:
1. Trade Balance
2. Inflow and outflow of investment
3. Speculation
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ReplyDeleteyou can also add few points with regard to Fixed Regime to Market Determined Floating Regime
ReplyDeleteIn this fashion my associate Wesley Virgin's report launches in this shocking and controversial video.
ReplyDeleteWesley was in the military-and shortly after leaving-he revealed hidden, "self mind control" tactics that the CIA and others used to obtain whatever they want.
These are the exact same SECRETS lots of famous people (especially those who "became famous out of nowhere") and top business people used to become rich and famous.
You probably know how you use less than 10% of your brain.
Really, that's because most of your brain's power is UNTAPPED.
Maybe that thought has even occurred INSIDE OF YOUR very own head... as it did in my good friend Wesley Virgin's head about seven years back, while riding an unlicensed, garbage bucket of a car with a suspended driver's license and in his pocket.
"I'm absolutely fed up with living paycheck to paycheck! Why can't I become successful?"
You've been a part of those those types of conversations, ain't it so?
Your success story is waiting to be written. You need to start believing in YOURSELF.
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