CUET EconomicsMacro > EasyState Bank of IndiaReserve Bank Of IndiaWorld BankInternational Monetary Fund✅ Correct Option: 3Related questions:14 May Shift 1If the current exchange rate is Rs. 80 to a pound and investors believe that the pound is going to appreciate by the end of the month and will be worth Rs.85, investors think if they gave the dealer Rs. 80,000 and bought 1000 pounds, at the end of the month, they would be able to exchange the pounds for Rs. 85,000, thus making a profit of ......22 May Shift 2Arrange the following statements related to foreign exchange market (fixed exchange rate) in correct sequence. (A) RBI intervenes to purchase the dollars for rupees in the foreign exchange market in order to absorb this excess supply. (B) The government will fix a higher exchange rate by making the rupee cheaper for foreigners. (C) Supply of dollars exceeds the demand for dollars. (D) The Indian government wants to encourage exports. Choose the correct answer from the options given below:13 May Shift 2An increase in exchange rate implies that the price of foreign currency in terms of domestic currency has increased; this is called ........