Foreign Exchange Rate Complete One Shot | Class 12 Economics

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This COMPLETE ONE SHOT class covers everything you need to score maximum marks in the Macroeconomics unit covering international economics.
What’s Covered in This Class:
-Meaning of Balance of Payment (BoP): Understanding the systematic record of transactions.
-Difference between BoP and Balance of Trade (BoT): Clarifying the major distinction.
-Current Account & its Components: Goods, Services, and Transfers.
-Capital Account & its Components: Investments, Loans, and Banking Capital.
-Foreign Exchange Rate (Demand & Supply of Forex): How the market determines the rate.
-Fixed, Flexible & Managed Exchange Rate Systems: A detailed look at all three systems.

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00:00 – Introduction
1:30 – Meaning of Foreign Exchange
3:20 – Currency Depreciasion vs Currency Appriciation
11:49 – Type of Foreign Exhange Rate System
12:17 – Fixed Exhange Rate
23:56 – Devaluation and Revaluation
27:34 – Flexible Exhange Rate System
35:33 – Fixed Exchange Rate vs Flexible Exchange Rate
37:34 – Managed Floating Rate System
41:10 – Demand of Foreign Exhange
46:30 – Supply of Foreign Exchange
50:52 – Determiaton of Foreign Exhange
52:45 – Changes of Foreign Exchange
58:08 – Foreign Exchange Market
1:09:00 – Thank you
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