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Demystifying Forex: Rates, Quoting, Demand and Supply

Meaning of Forex rate, Direct & Indirect Forex rate, Sources of demand and supply of forex

All Levels • 5 Lectures • Full Lifetime Access
Prabh Kirpa Classes

Verified Master Instructor

Demystifying Forex: Rates, Quoting, Demand and Supply
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Meet your instructor: Prabh Kirpa Classes

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54m
Total Content

What you will learn

Why foreign exchange rates are constantly changing?
Why forex rates are always quoted in pairs?
What is the difference between Direct and Indirect Exchange rates?
Which are the drivers for foreign exchange demand?
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Course Content

2 sections • 5 lectures • 00:54:48 total length

Introduction

02:35

After going through this course, the students will understand:

Meaning of foreign exchange rate

Why foreign exchange rates are constantly changing?

Why forex rates are always quoted in pairs?

Difference between Direct and Indirect Exchange rates

Which are the drivers for foreign exchange demand?

Which are the sources for supply of foreign exchange?

Meaning of Foreign Exchange Rate

16:49

What is meant by Foreign exchange rate?

What does foreign exchange rate tell us?

Exchange rates are constantly changing based on various factors. What are those factors?

Why are forex rates always quoted in pairs?

What are the currency options for importers?

Direct vs. Indirect Exchange Rates: Explained Simply

06:17

What are the two main ways in which foreign exchange rate can be quoted?

What is meant by direct quote of foreign exchange rate?

What is indirect quote of exchange rate?

Exploring the Drivers of Foreign Exchange Demand

19:18

What are the various sources of demand for foreign exchange?

Whether a poor individual living from hand to mouth also plays an important role in foreign exchange demand?

How speculative trading acts as source of demand for foreign exchange?

What is meant by hedging?

How imports are concerned with foreign exchange demand?

The demand curve of foreign exchange is downward sloping. Why?

The demand curve of foreign exchange is in the form of a straight line or somewhat curving. Comment.

Where Does Foreign Exchange Come From?

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09:47

What are the diverse Sources of Foreign Exchange Supply?

How workers’ remittances are a source of supply of foreign exchange?

When domestic entities sell their assets in foreign country, what is the effect on foreign exchange supply?

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Requirements

Basic understanding of economic principles such as supply and demand, inflation and interest rates

Target Audience

Students and any individual who enjoys learning about various concepts of economics

About this course

  1. What is meant by Foreign exchange rate?
  2. What does foreign exchange rate tell us?
  3. Exchange rates are constantly changing based on various factors. What are those factors?
  4. Why are forex rates always quoted in pairs?
  5. What are the currency options for importers?
  6. What are the two main ways in which foreign exchange rate can be quoted?
  7. What is meant by direct quote of foreign exchange rate?
  8. What is indirect quote of exchange rate?
  9. What are the various sources of demand for foreign exchange?
  10. Whether a poor individual living from hand to mouth also plays an important role in foreign exchange demand?
  11. How speculative trading acts as source of demand for foreign exchange?
  12. What is meant by hedging?
  13. How imports are concerned with foreign exchange demand?
  14. The demand curve of foreign exchange is downward sloping. Why?
  15. The demand curve of foreign exchange is in the form of a straight line or somewhat curving. Comment.
  16. What are the diverse Sources of Foreign Exchange Supply?
  17. How workers’ remittances are a source of supply of foreign exchange?
  18. When domestic entities sell their assets in foreign country, what is the effect on foreign exchange supply?
  19. How exports also act as source of supply of foreign exchange?
Career Opportunities & Job Roles

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Job-Ready Curriculum
Target Roles You Can Apply For

Certified Domain Practitioner

Technical Project Specialist

Operations & Implementation Lead

Independent Consultant / Freelancer

Estimated Annual Salary
$70,000 – $115,000 / yr
Global Industry Demand

High Global Market Applicability

In-Demand Skills You Master
Industry Best Practices & Methodology
Hands-On Project Execution
Analytical Problem Solving
Verified International Certification
* Estimates based on global tech hiring benchmarks and industry compensation reports.
Meet your instructor
Prabh Kirpa Classes
5.0 Rating
63 Students
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Prabh Kirpa Classes
Main Instructor
Educator
This channel is purely education based. Our aim is to ensure that the students are able to understand each and every question in an easy way. We take pride in providing quality educational services to the students of Class VII to Class XI Science NCERT, English, Computer solutions, Mathematics, Business Studies & Economics. Our goal is to help the leaders of tomorrow to learn to succeed today....

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