Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
10.1k views
in Economics by (79.9k points)

What are the factors responsible for inflow of foreign currency? 

1 Answer

+1 vote
by (76.1k points)
selected by
 
Best answer

(i) foreigners purchasing home country goods and services through exports. 

(ii) Foreigners investment in home country through joint ventures and through financial market operation. 

(iii) Foreign currencies flow into the economy due to currency dealers and speculators. 

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...