A STUDY ON FLUCTUATIONS OF INDIAN CURRENCY WITH RESPECT TO SELECTED FOREIGN CURRENCIES


Amtul Wahab
Lecturer, Indira Priyadarshini Govt. Degree College for Women, Nampally ,Hyderabad
Abstract
The currency market has long served an important function in global business by providing companies a way to exchange funds in one currency for funds in another. The evolution of the Internet in the late 20th and early 21st century propelled growth in online Forex brokers. This gave regular investors an easy and effective way to speculate in currencies for profit, based on the ongoing changes in prices.A currency has value, or worth, in relation to other currencies, and those values change constantly .Currency fluctuations are a natural outcome of the floating exchange rates. The exchange rate of one currency versus the other is influenced by numerous fundamental and technical factor
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EPRA International Journal of Multidisciplinary Research (IJMR)

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Published on : 2021-06-27

Vol : 7
Issue : 6
Month : June
Year : 2021
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