Category: Foreign Exchange Market

Functions of Foreign Exchange Market Foreign Exchange is the process of conversion of one currency into another currency. For a country its currency becomes legal tender. For a foreign country it becomes the value as a commodity. Since the commodity has a value its relation with the other currency determines the exchange value of one…

The Marshall Islands Launches Its Own National Cryptocurrency The small nation of about 53,000 people is located in the middle of the Pacific Ocean is quietly working on a project that could have a major impact on how cryptocurrency is treated by both investors and government actors. The Marshall Island is launching its own national…

How Exchange Rate Changes Impact Indian Manufacturing Firms For policymakers trying to assess the impact of exchange rate movements on the real economy, these results provide various important insights. Firstly, the short-run impact of a real depreciation on firms output growth is likely to be negative since it is the import cost channel that dominates…

Essay on Forex Market: Definition of Foreign Exchange Market During -17 the common monthly turnover in the Indian overseas exchange market touched about 175 billion US dollars. Compare this with the monthly buying and selling extent of about 120 billion US dollars for all cash, derivatives, and debt devices put collectively in the country, and…

Relation between Exchange Rate and Foreign Exchange Reserves Abstract: Using time series data of the variables in the year 1980  2010 the present study tries to establish a causal relationship between exchange rate and foreign exchange reserves in the Indian context. Emphasis has been laid on understanding the impact of foreign exchange reserves on…

System of Foreign Exchange in Malaysia Introduction This study is to inspect the effect of reserve assets ( gold, Bank Negara Malaysia external reserve, and foreign exchange), Malaysias lending rate, and the U.S. trade-weighted value of the U.S. dollar against major currencies on the exchange price movement in Malaysia. This part of the section will…

Story of Foreign Trade and Exchange Free trade refers to the government’s abolition of trade barriers, tariffs, taxes, and quotas, as well as all other limitations on foreign trade that make it difficult to exchange such goods. Many countries consider free trade to be a noble concept because it removes obstacles, making exporting easier and…