Computer Science, asked by jinujose5928, 3 months ago

Explain the efficient theory of exchange rate. How different it is from Fundamental and technical views of exchange rate determination? Provide numeric example.​

Answers

Answered by deeppratap67890
0

Answer:

For the determination of the par values of different currencies, alternative theoretical explanations have been given.

Some of the prominent explanations or theories include: 1. Mint Parity Theory 2. The Purchasing Power Parity Theory 3. The Balance of Payments Theory 4. The Monetary Approach to Foreign Exchange 5. Portfolio Balance Approach.

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