Currency swaps, Managerial Economics

Currency Swaps

If the currency of one country is not convertible, the central banks o f the two countries can exchange their currencies, and the country with the non-convertible currency can use the convertible currency of the other country.  These are called currency swaps.  The country with the non-convertible currency will later purchase back its own currency using gold or convertible currency.

Posted Date: 11/30/2012 5:28:16 AM | Location : United States







Related Discussions:- Currency swaps, Assignment Help, Ask Question on Currency swaps, Get Answer, Expert's Help, Currency swaps Discussions

Write discussion on Currency swaps
Your posts are moderated
Related Questions
Ask quesCase Study Electron Control, Inc., sells voltage regulators to other manufacturers, who then customize and distribute the products to quality assurance labs for their sens

Disposable Income This is the income which households actually have available to spend or to save.  To calculate disposal income, which is indicated by Ya, the statistician mu

Uses of Indifference Curve Analysis Indifference curve analysis is useful when studying welfare economics as follows: They are used to indicate the amount of income and

Determinants of the money supply Two extreme situations are imaginable.  In the first situation, the money supply can be determined at exactly the amount decided on by the Cen

Q. Describe Managerial and behavioural theories? It was only in 1960s that neo-classical theory of firm was disputed by alternatives like behavioural and managerial theories. M

PROGRESSIVE TAX A progressive income tax system is one where the higher the income, the greater the proportion paid in taxes.  This is effected by dividing the taxpayers' inco

What is Demand theory: Demand theory relates to the study of consumer behaviour. It addresses questions like what incites a consumer to buy a particular product, why do consume

Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#

Using Total Expenditure for Calculating National Income The expenditure approach centres on the components of final demand which generate production.  It thus measures GDP

Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case.