What is exchange rate how is it determined?
Answers
Answered by
5
heyy frnd ☺☺
here's your answer looking for_______
__________
__________________
☆The exchange rate between any two currencies is determined by relative money demand and money supply between the two countries. Monetary disequilibrium implies a difference exists between the amount of money people wish to hold and the amount supplied by the monetary authorities.
____
________hope it helps✔✔✔✔
mark as ⭐
here's your answer looking for_______
__________
__________________
☆The exchange rate between any two currencies is determined by relative money demand and money supply between the two countries. Monetary disequilibrium implies a difference exists between the amount of money people wish to hold and the amount supplied by the monetary authorities.
____
________hope it helps✔✔✔✔
mark as ⭐
Similar questions