- CFA Exams
- CFA Exam: Level I 2021
- Study Session 5. Economics (2)
- Reading 18. Currency Exchange Rates
- Subject 6. Exchange Rates, International Trade, and Capital Flows
CFA Practice Question
What is the primary determinant of exchange rate movements in the short-to-intermediate term?
B. Capital flows
C. Central bank interventions
A. Trade flows
B. Capital flows
C. Central bank interventions
Correct Answer: B
User Contributed Comments 1
| User | Comment |
|---|---|
| SalimBouch | why? |