Description
This is a PPT about Exchange Rate Movements: Explained in Detail.
International Linkages: IS-LM-BP
Foreign Exchange Market
• RBI holds forex reserves - inventories of dollars, other currencies and gold that they can sell for rupees – to sell when they want to or have to intervene...
balance of trade and market equilibriumexchangerateand balance of payments
exchangerate determination
exchangerate systems
pppandequilibriumrateofexchangerate