Indian government
â—ŹExample- ________ borrows money from IMF, or any other country are included under credit item.
V
(________) Speculators: Speculators sell foreign currency in the expectation of reducing losses in the future or gaining presently.
Iv
(________) Unilateral transfers: Some economic flows between nations also take place without any payment.
central bank
The ________ does have some power to manage the exchange rate slightly according to needs of the economy.
â—ŹBalance
________ occurring on account of exports & imports of services is recorded as balance of invisible trade.
Unilateral Transfers â—Ź Unilateral transfers
________ refer to those receipts & payments which take place without any services in return.
Direct Purchase
________ by Non- Residents: The supply of foreign exchange also comes from the nonresidents who make ________ in the domestic market.
Domestic goods
________ become costlier for the foreign nationals leading to fall in export demand.
positive relationship
There is a direct or ________ between exchange rate and supply of foreign exchange.
exchange rate
It is a system that allows adjustments in ________ according to a set of rules and regulations which are officially declared in in foreign exchange market.
â—ŹAny withdrawal
________ from foreign exchange reserves is recorded on the credit side of BOP as it leads to decrease in foreign exchange.
Autonomous Receipts Autonomous Payments
â—Ź ________ (Surplus BOP) â—Ź Autonomous Payments> Autonomous Receipts (Deficit in BOP) Accommodating Items in BOP â—ŹAccommodating items or transactions refers to those transactions which are undertaken to cover the deficit or surplus in BOP.