Q190
Exchange rate of foreign currency fluctuate day to day because of
A.
demand and supply
AnswerB.
increased maturity
C.
decreased maturity
D.
instrument availability
Answer: Option A
Solution
Answer: Option A
Solution:
Exchange rate of foreign currency fluctuate day to day because of demand and supply. An exchange rate is the value of one nation's currency versus the currency of another nation or economic zone.