Examveda

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.

This Question Belongs to Management >> International Finance And Treasury

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