Need for Foreign Exchange
Meaning: The term ‘foreign exchange’ is, generally used to refer to foreign currencies. But the foreign exchange is also used to refer to the mechanism...
Managerial Economics
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Reasons for the People to Acquire Foreign Country
Reasons for the People to Acquire Foreign Country: I. To purchase goods and services from for other countries II. To purchase financial assets in foreign...
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Meaning and Significance of Foreign Exchange Rate
Meaning of Foreign Exchange Rate: The rate at which the currency of one country is exchanged for the currency of another country is called...
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Protectionist policy
Protectionist policy refer to that trade policy or commercial policy of international trade under which there will be deliberate imposition of restrictions on the movements...
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Functions of IMF
Granting of Loans of its Financial Resources: The fund can use its resources for granting loans to member contrives. A member country facing a temporary...
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Objectives of the I.M.F.
The international economic and monetary conference at Beetton Woods in New Hampshire in the U.S.A. at July 1944. At the conference, the ‘Keynes’ plan were...
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Membership of IMF
Membership of the Fund: The IMF started functioning with an initial number of 44 members i.e., all the 44 members of the U.N.O. present at...
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Floating or Flexible Rate Exchange
Floating exchange rate refers to the exchange rate which is determined by the conditions of demand for and supply of the foreign exchange in the...
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Factors Affecting Exchange Rate
I. Balance of payments: Balance of payments is one of the important factors influencing the exchange rate. For instance, if the balance of payments of...
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Advantages of Fixed Exchange Rate System
Advantages of Fixed Exchange Rate System i. Fixed exchange rate system helps in the promotion of international trade and investment, as it prevents risk...