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Expound on a holistic view of exchange rate determination. Address the technical, efficiency and fundamental views...

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Finance

Expound on a holistic view of exchange rate determination.Address the technical, efficiency and fundamental views of ERs.Give examples of technical and efficiency determination of ERs

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An Exchange Rate is the number of units that can be obtained of the price currency for one unit of the home currency The exchange rate can be fixed or floating For example China has a fixed floating rate with the US while India has a floating rate with the US The determination of exchange rates is essential for inter country trades and transfer Any economy will flourish the most if they    See Answer
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Expound on a holistic view of exchange rate determination.Address the technical, efficiency and fundamental views of ERs.Give examples of technical and efficiency determination of ERs

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