IGCSE Economics · Chapter 6.3
Foreign exchange rates
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InteractiveDefinition of Foreign Exchange Rate6.3.1 What a foreign exchange rate is, how to read and convert it, and what a rise or fall means.Open →
InteractiveReasons for Buying and Selling Foreign Currencies6.3.2 Trade, speculation, government intervention, profits and dividends, remittances and investment: why currencies are bought and sold.Open →
InteractiveDetermination of the Foreign Exchange Rate6.3.3 Floating and fixed exchange rates, demand and supply of a currency, appreciation and depreciation, and the causes of fluctuations.Open →
InteractiveConsequences of Changes in Foreign Exchange Rates6.3.4 How a rise or fall in the exchange rate changes prices and the demand for exports and imports, and who gains and loses.Open →
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