TUTORIAL 4

Tutorial 4

Section A. 2 marks each.

1. Give two (2) types of foreign exchange rate.

2. State two (2) participants in foreign exchange market.

Section B.

1. What is foreign exchange market?  2 marks

2. Describe four (4) market players in the foreign exchange market.  8 marks

3. Briefly explain three (3) factors that affect exchange rate.   6 marks

Please submit this tutorial to my room after the lesson finished.

Thanks you...