Volume : 2, Issue : 6, June - 2013
A Study about Foreign Exchange Economic Theory
Dr. K. Vimala, Dr S. N Geetha
Abstract :
The exchange rate is a key financial variable that affects decisions made by foreign exchange investors, exporters, importers, bankers, businesses, financial institutions, policymakers and tourists in the developed as well as developing world. Exchange rate fluctuations affect the value of international investment portfolios, competitiveness of exports and imports, value of international reserves, currency value of debt payments, and the cost to tourists in terms of the value of their currency. Movements in exchange rates thus have important implications for the economy’s business cycle, trade and capital flows and are therefore crucial for understanding financial developments and changes in economic policy
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Download PDF Journal DOI : 10.15373/2249555XCite This Article:
Dr. K. Vimala, Dr S. N Geetha / A Study about Foreign Exchange Economic Theory / Global Journal For Research Analysis, Vol:2, Issue:6 June 2013