AuthorTopic: Level 2 doubt: Foreign Exchange Rate Supply/Demand
marco1982
@2010-05-25 07:57:53
In the analyst notes, it is stated that exchange rate should increase with increase in demand. Is this correct as demand curve is downward sloping so the exchange rate should decrease with an increase in demand. Can someone clarify?
rhardin
@2010-05-25 14:42:56
Is the exchange rate a direct or indirect quote?

CFA Discussion Topic: Level 2 doubt: Foreign Exchange Rate Supply/Demand

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