Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Finance Types of Financing Foreign Exchange Market
If a basket of goods costs US $ 200 in US and Rs. 20,000 in India, the $/Rs. exchange rate should be $ 0.01 per rupee. This calculation is done based on
1
Competitive cost theory
2
Floating exchange rate
3
Fixed exchange rate
4
Purchasing parity theory