When demand for foreign exchange increases, the exchange rate _. | Faculties

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Vikash Gupta

🎓 Tutor III ⭐ 33.56K Points

📊 Business Economics

Q. When demand for foreign exchange increases, the exchange rate _.

(A) increases
(B) inversely
(C) decrease
(D) unrelated

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✅ Correct Answer: (A) increases

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