International Business

Exchange rate indicates the purchasing power of foreign currency or gold by their domestic currency. Knowing the value of the home currency in relation to…

The foreign exchange market is a global worldwide decentralized over the counter financial market for trading currencies. Financial centers around the world function as anchors…

A managed float exchange rate system is an international financial arrangement, whereby central banks intervene only periodically, not necessarily to support a country’s currency, but…

Exchange control is a control policy by Government of regulating the right of entry to foreign currency. There are numerous ways governments execute exchange control.…

Exchange controls are legislative limitations on the purchase and/or sale of currencies. The principal purpose of most systems of exchange control is to prevent or…

Flexible or Floating Exchange Rate System The system of the exchange rate in which the rate of exchange is determined by forces of demand and…

The fixed exchange rate is the rate which is officially fixed by the government or monetary authority and not determined by market forces. Only a…

Exchange Rate means the value of one currency for the reason of conversion to another. Knowing the value of home currency in relation to diverse…

The Great Depression was a severe worldwide economic depression in the 1930s. The timing of the Great Depression varied across nations, but in most countries,…

Currency devaluation means the decrease of purchasing power of specific currency/ domestic currency against gold, SDR or foreign currencies that is determined by the government.…