Mr. Clark an American purchase shares in India ..is example of deman – InterviewSolution

1.	Mr. Clark an American purchase shares in India ..is example of demand for or supply of foreign exchange..??
Answer» As Mr. Clark has purchased shares in India so he needs RUPEES of INDIAN Currency.To get Rupees he needs to sell Dollarsthis creates SUPPLY of foreign exchange.You can better understand with this FOLLOWING example.Eg: When the UK imports cars from Japan it must pay in yen (¥), and to buy yen it must sell (supply) pounds. The more it imports the greater the supply of pounds ONTO the foreign exchange market.Thanks.Like, Follow and RateTeacher.

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