Exchange rate of foreign currency fluctuate day to day because of
A. demand and supply
B. increased maturity
C. decreased maturity
D. instrument availability
Answer: Option A
Solution (By Examveda Team)
Exchange rate of foreign currency fluctuate day to day because of demand and supply. An exchange rate is the value of one nation's currency versus the currency of another nation or economic zone.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization

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