TORENGN EcHANGEe (forex)

Conet>
Meanhg foRE is he all cunencieA othn than DomesHc Cwneny, ne
INR
Dinal. yen Jndian Na blona Ruyea
Thus foREy Rate ntstu the Aatc at Lhieh one cuneney js eMchenged
-fr oth
34 5
-85
|0 Cwvenoy Depreclaton- Mon DECR EASE in the valye of bomeatie
Cwnency in tems of fe 2cign çuniney
9 SnerMe In NATIONAL INCOH¬

Appeciabton -’ means JNCRSASE In he value of b meattc

in tons of foreincanency
3 Decrease n Natfonal Jncome
TYPES of fOREXx
FLEXIALe ExcHANGE RATESys. MANNGED fLQNT
SySrEM
fixEb ECHANGE RATE (Floatiy Echange Rate) NG RATE SyTEHO
gnoth Name -Pegged eoehnge Rat)
Exchenge Rate detenndby foREx RATE by
ENchange Rate fixcd by DEMAND &SDPRy detnmncd
the FoREs Of thi Macct foeey
the GouERNMENT
(Demnd&dyppu
fercign Trade But- The Cenhal
O Stsbtyis
Cabtfal ovemen ÖFuchuakefuly acnng sen infbuenc
to Demand Auley the RATE thrg
fon matalng fõRE RESERVE No ntntnton GovTr
(3) Bared on ErERNAL STANDARD Rate is detumnedbyhe JNTERVENTION
CLike GoLD, SJLVER ETC) MARKET(Thrruyh Babss RGASÇNSfoRIT R

R8IInteven