General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 13)
13.
The association of the rupee with pound sterling as the intervention currency was broken in
Discussion:
17 comments Page 1 of 2.
Raji said:
1 decade ago
Can anybody throw some light on this topic please?
Richard said:
1 decade ago
Please do give sum explanation on this.
Udit Bansal said:
1 decade ago
I don't understand it please tell me in brief.
Ravi said:
1 decade ago
Please do give some example on this.
Sourav Datta said:
1 decade ago
Hi, I can not understand the fact properly. Can anybody please tell me ?
Vaidehi said:
1 decade ago
Please Explain it as early as possible
Hudaibiyah khan said:
1 decade ago
Currency intervention is the purchase or the sale of the currency on the exchange market by the fiscal authority or the monetary authority, in order to influence the value of the domestic currency.
Laxman said:
1 decade ago
What type of influence it had on domestic currency and why it was introduced and why it was broken?
Priyanshu said:
1 decade ago
Authority used to intervene exchange market in-order to control market uncertinity.
Sumitk said:
1 decade ago
Please explian it what is pound sterling.
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