Foreign Exchange
- Business
The continued stability of the rupee in the international market has created an environment where full convertibility of the rupee can now be introduced
The continued stability of the rupee in the international market has created an environment where full convertibility of the rupee…
Read More » - Business
Difference Between Fixed And Floating Rate Of Exchange
Fixed exchange rates refer to the gold standard under which the rate of exchange tends to stabilise around the mint…
Read More » - Business
The Factors Which Influence The Movement Of Exchange Rates In The Foreign Exchange Markets
At present major currencies of the world are fluctuating. The rates of exchange between currencies are determined by the forces…
Read More » - Business
The Balance of Payments Theory of determination of Exchange Rates
The balance of payments theory states that the rate of exchange is determined by the forces of demand and supply…
Read More » - Business
The Purchasing Power Parity Theory of determination of Exchange Rates
Purchasing Power Parity Theory. The determination of rate under paper currency standard is endeavoured to be explained by the purchasing…
Read More » - Business
The Mint Par Theory of determination of Exchange Rates
Three different theories have been evolved to explain the rate of exchange between currencies of different countries. They are: (i)…
Read More » - International Business
The Structure and Organization of Foreign Exchange Market in India
The foreign exchange market in India is patterned after the markets in the UK and the USA. There is no…
Read More » - International Business
Difference Between Nostro Vostro and Loro Accounts
Nostro, Vostro and Loro Accounts: To facilitate dealings in foreign exchange, a bank in India maintains bank accounts at selected…
Read More » - International Business
Difference Between Dealing Position and Cash Position
Foreign exchange is such a sensitive commodity and subject to wide fluctuations in price that the bank which deals in…
Read More » - International Business
What are Swap and Deposit Transactions in Foreign Exchange
A ‘swap deal’ is a transaction in which the bank buys and sells the specified foreign currency simultaneously for different…
Read More »