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4.3.2 Analyse how exchange rates are determined
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The Demand and Supply of Pounds

The Demand and Supply of Pounds

Under a floating exchange rate, the value of the pound is determined by demand for pounds and supply of pounds in the foreign exchange market. The pound appreciates when demand for pounds rises relative to supply, and depreciates when supply rises relative to demand.

4.3.2 Analyse how exchange rates are determined Lesson

  1. GCSE
  2. /Economics
  3. /4.3.2 Analyse how exchange rates are determined

Step-by-step lessons on OCR GCSE Economics 4.3.2 Analyse how exchange rates are determined. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

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