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Why does demand for foreign currency …

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Why does demand for foreign currency fall and supply rise when it's price rises?
  • 3 answers

Simran Madaan 7 years, 10 months ago

Due to inverse relation between price and demand and positive relation supply and price

Hemang Vijay 7 years, 10 months ago

Demand for foreign currency falls because less people will be willing to purchase foreign currency due to increased price.........and supply for foreign currency increases because more people will be willing to sale the foreign securities at a high price

Ribhav Saini 7 years, 10 months ago

When price rises ir becomes profitable for the suppliers to sell... Hence they are keen to sell more Similarly due to inc. in price domestic goods becoke cheaper as compared to foreign goods as result demand for foreign currency falls
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