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Lesson-8 Exchange Rate
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Exchange Rate part-1

Rishi Jain
MBA,PGDFM Author of Bhavishya Arthik Patrika(for Civil Services), worked in SBI group for 7 years, teaching indian economy to UPSC student

Unacademy user
thank you so much wizards sir
  1. EXCHANGE RATE


  2. (Fixed Rate) R/deICT ZT (Flexible Rate/Free Float) fma (Managed Floating Rate)


  3. FIXED EXCHANGE RATE BY GOVERNMENT AND CENTRAL BANK


  4. FLEXIBLE EXCHANGE RATE BY MARKET FORCES-DEAMD AND SUPPLY OF CURRENCY


  5. Managed Floating Rate By Market forces .Central bank intervene .Indirectly Dirty floating


  6. For India .1971-1991-Fixed Exchange Rate 1992- LERMS(Liberalised Exchange Rate Management Systemt) 60%-Market forces 40%-Government .1994- LERMS ABOLISHED FROM 1994 TILL DATE- MANAGED FLOATING RATE


  7. Devaluation and Depreciation of rupee Devaluation-by government Depreciation-by market forces(demand and supply