6.3.3—Determination of foreign exchange rate in foreign exchange market
- Syllabus
- 0455–2027–2028
- Objective
- 6.3.3
- Level
- —
6.3.3—Determination of foreign exchange rate in foreign exchange market
- definitions of floating exchange rate, appreciation and depreciation
- the demand for and supply of a currency
- the determination of the equilibrium foreign exchange rate
- causes of foreign exchange rate fluctuations
- changes in demand for exports and imports
- changes in the interest rate
- speculation
ConceptIGCSE Economics