See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
15 cards from this deck
Price of one currency in terms of another
By free market forces of supply and demand
Set and maintained by government or central bank
Market forces with occasional government intervention
Attract foreign capital, causing exchange rate to rise
Makes currency more valuable (higher purchasing power)
Attracts foreign investors, strengthening currency
Investors buy more if they expect future strengthening
Where supply and demand curves intersect
Buys its own currency using foreign reserves
Sells its own currency
USD, EUR, GBP
Fixed, pegged to US dollar
Fixed, pegged to Euro
Fixed to another major currency or basket of currencies
Select your subjects, and get access to A+ resources today.