What would happen if every currency in the world depreciated or appreciated to one rupee overnight? How much of China's economy is exports? Does their economy reliant on those exports? If the dollar depreciates against the Indian rupee, A. U.S. exports to India become more expensive. B...
Currencies are traded in pairs. The price tells you how much of the quote (second) currency is needed to buy one unit of the base (first) currency. Currencies can be day traded at the spot rate (current exchange rate) or through derivatives. To start day trading forex you will need ...
The foreign exchange system is a network of markets in which various currency pairs are traded back and forth: Mexican pesos for British pounds, euros for Indian rupees, Chinese yuan for Japanese yen, American dollars for Canadian dollars. The leading players in these currency markets are banks,...
If India stops trading with China, how will it effect the Chinese and Indian economies?Balance of trade:Balance of trade is the difference between exports and imports such that if export is greater than import then the trade will be in surplus and if export is less than...
Transfer from NRE Accounts- NRIs can transfer money from their existing NRE accounts to fund an FCNR account. The NRE account can be with Yes Bank or another bank in India. This is the only option for a domestic transfer, and Yes Bank will convert the Indian rupees to the chosen foreign...
In the Moroccan capital Rabat, Fatima no longer buys onions and tomatoes because they are too expensive. She gets artichokes to cook tagine instead. “The market is on fire,” said the mother of three. /jlne.ws/3IQH0k1 ***Sure the onions are going up in price, but how much are the...
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The dividend payout ratio makes it simple to determine how much money a company gives its shareholders. The ratio can also determine how much money is invested in expanding and improving a business's operations, paying off debt, or accumulating cash reserves. ...
How did the depreciation in yuan tumble the global markets? If depreciation of currency increases exports, then why was India's trade deficit increased when 1 dollar was equal to Rupees 70? How much of China's economy is exports? Does their economy reliant on those exports? What is currency...
Foreign Exchange is basically the value of a nation's currency in another nation's currency. It also states how much of a nation's currency we need to acquire another currency. Just like all other markets, there are movements in foreign exchange...