I'm trying to understand the concept of supply of foreign exchange. Could someone explain what it is and how it works in the global financial market?
7
answers
Riccardo
Sat Jan 25 2025
The provision of foreign exchange entails the acquisition of foreign currency.
FireflySoul
Sat Jan 25 2025
This process signifies the entrance of foreign currency into the domestic economy.
Leonardo
Sat Jan 25 2025
Export of goods and services is a crucial source of foreign exchange supply.
CryptoTitaness
Sat Jan 25 2025
Earnings from tourism also contribute significantly to the foreign exchange reserves.
Andrea
Fri Jan 24 2025
Foreign investments, such as Foreign Direct Investment (FDI), increase the supply of foreign exchange.