The theory of exchange psychology holds that the value of foreign exchange is determined by the subjective evaluation of the marginal utility of foreign exchange made by both the supply and demand of foreign exchange.
举一反三
- When the customer purchases foreign exchange at the foreign exchange bank, the transaction price shall be the buying price of foreign exchange.( )
- According to the interest rate parity theory, when the forward foreign exchange rate is premium, it means that the domestic interest rate( ) A: is equal to the foreign exchange rate B: lower than foreign exchange rates C: higher than foreign exchange rates D: Not sure
- The higher the exchange rate, the A: the lower the dollar cost of imported goods and the higher the demand for foreign exchange. B: higher the dollar cost of imported goods and the lower the demand for foreign exchange. C: higher both the dollar cost of imported goods and the demand for foreign exchange. D: the lower both the dollar cost of imported goods and the demand for foreign exchange.
- A __________ transaction in the foreign exchange market requires an almost immediate delivery of foreign exchange.
- In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate (), they sell foreign exchange and withdraw local currency. A: depreciates B: appreciates C: is fixed D: none of the above