Economy, asked by yashgahlot4491, 10 months ago

To accelerate growth of services exports from india and create a unique brand a new scheme called

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Answered by Anonymous
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In contrast, if a country imports more than it exports, there is relatively less demand for its currency, so prices should decline. In the case of currency, it depreciates or loses value.The supply of a currency is determined by the domestic demand for imports from abroad.  The more it imports the greater the supply of pounds onto the foreign exchange market. A large proportion of short-term trade in currencies is by dealers who work for financial institutions.

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