Contents
Meaning of Forex rate, Direct & Indirect Forex rate, Sources of demand and supply of forex
What you’ll learn
- Why foreign exchange rates are constantly changing?
- Why forex rates are always quoted in pairs?
- What is the difference between Direct and Indirect Exchange rates?
- Which are the drivers for foreign exchange demand?
- Which are the sources for supply of foreign exchange?
Requirements
- Basic understanding of economic principles such as supply and demand, inflation and interest rates
Description
- What is meant by Foreign exchange rate?
- What does foreign exchange rate tell us?
- Exchange rates are constantly changing based on various factors. What are those factors?
- Why are forex rates always quoted in pairs?
- What are the currency options for importers?
- What are the two main ways in which foreign exchange rate can be quoted?
- What is meant by direct quote of foreign exchange rate?
- What is indirect quote of exchange rate?
- What are the various sources of demand for foreign exchange?
- Whether a poor individual living from hand to mouth also plays an important role in foreign exchange demand?
- How speculative trading acts as source of demand for foreign exchange?
- What is meant by hedging?
- How imports are concerned with foreign exchange demand?
- The demand curve of foreign exchange is downward sloping. Why?
- The demand curve of foreign exchange is in the form of a straight line or somewhat curving. Comment.
- What are the diverse Sources of Foreign Exchange Supply?
- How workers’ remittances are a source of supply of foreign exchange?
- When domestic entities sell their assets in foreign country, what is the effect on foreign exchange supply?
- How exports also act as source of supply of foreign exchange?
Who this course is for:
- Students and any individual who enjoys learning about various concepts of economics
