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Consider the following statements
The price of any currency in Foreign Exchange Market is decided by the
1. International Monetary Fund
2. Demand for goods and services provided by the country concerned
3. Stability of the government of the concerned country
4. Economic potential of the country in question
Which of the statements given above are correct?
1, 2, 3 and 4
2 and 3 only
3 and 4 only
1 and 4 only
International Monetary Fund and Economic potential of the country in question are not the valid factors to decide price of any currency in Foreign Exchange Market.
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