Question
How does inflation in a country affect its currency's
exchange rate?Solution
High inflation in a country tends to depreciate its currency because it decreases the purchasing power relative to other currencies. This leads to less demand for the domestic currency and more demand for foreign goods, putting downward pressure on the currency.
Find the appropriate answer.
He had a “fruitful discussion” in the “senior-most leader of the country.
It is about time we tell you that you should start preparing for the exam sincerely.
The midnight session in Parliament that marked India’s transition to Goods and Services Tax was reminiscent of a similar occasion on the eve of India�...
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The volunteers came into (A)/the room very quiet because (B)/the patient was sleeping (C).
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In the sentence given below, four words have been printed in bold. One of these words may be misspelt or inappropriate in the context of the sentence. ...
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option...
- Parts of the following sentence have been given as options. Select the option that contains an error.
She did not wanted to go to the party because...