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how is foreign exchange rate determined …

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how is foreign exchange rate determined in the foreign exchange market ?

    • Posted by Varun Mehrotra 6 years, 3 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Varun Mehrotra 6 years, 3 months ago

    Thanku

    0Thank You

    Varun Mehrotra 6 years, 3 months ago

    Ohk

    0Thank You

    Gargi Sharma 6 years, 3 months ago

    Foreing exchange rate is determined where demand and supply of foreign exchange are equal Graphically,intersection of demand and supply curves determines the equilibrium exchange rate of foreign currency.

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