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How is foreign exchange rate determine?

In: Economics, Foreign Exchange (Forex) [Edit categories]

Answer:

Foreign exchange rate determine with various factors like
1.GDP- Gross Domestic Product
2.Policy of the country like Monetary & fiscal policy
3.Per capita income
4.IIP- index of industrial Production
5. Infrastructure
6.PEST issues
7. Currency exchange laws of the particular country.
8.Demand flow
9.FDI- foreign direct investment

First answer by ID3705920427. Last edit by ID3705920427. Question popularity: 2 [recommend question].

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