Worksheet: Exchange Rate Determination
Foreign Exchange (FOREX) Market Wow Cg E is a 1
1 . /
Qe Quantity of lndian Rupee (INR)
1. Why do the participants in the Foreign Exchange (Forex) market demand domestic currency?
M;§\rw¢s\m<n’c kwt b
Questions based on the reading - UEE 3.4 (page 100-101) from the text book.
1. What do you understand from the Leapfrogging process in the context of economic structure?
2. What factors enabled India to leapfrog?
3. What are the likely consequences of the