Foreign Exchange Rate | Fixed & Managed Floating Exchange Rate | Part 2
Автор: The Rational Economist
Загружено: 2025-12-27
Просмотров: 40
Описание:
📌 Foreign Exchange Rate | Meaning, Types & Examples | Class 12 Economics
In this video, we explain the foreign exchange rate in a simple and intuitive way. A foreign exchange rate refers to the price of one country’s currency in terms of another country’s currency. It plays a crucial role in international trade, capital flows, and the balance of payments.
You will learn:
✅ Meaning of foreign exchange rate
✅ Example of exchange rate (₹ per US Dollar)
✅ Types of exchange rate systems – Fixed, Floating & Managed
✅ Factors affecting foreign exchange rate
✅ Role of demand and supply of foreign exchange
✅ Importance of exchange rate in an open economy
This video is especially useful for CBSE Class 12 Economics, CUET aspirants, and anyone trying to understand how currencies are valued in the global economy.
📚 Concepts explained with real-life examples and exam-ready language.
#ForeignExchangeRate #ExchangeRate #Class12Economics #CBSEEconomics #OpenEconomy #BalanceOfPayments #CUETEconomics #TheRationalEconomist
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