A bot is a component of capital account of bop
B floating exchange rate is used to stabilise price of foreign currency
C increase in the supply of foreign exchange rate leads to fall in its price
D rise in exchange rate leads to revaluation of currency
Aishwarya sharma Asked question August 26, 2021
Ans – C)
An increase in the supply of foreign exchange leads to a fall in the foreign exchange rate. Increase in the supply of foreign exchange results in the competition of suppliers that leads to a fall in its price.
Anurag Pathak Changed status to publish August 26, 2021
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