Factors Affecting Exchange Rates n Some countries use foreign exchange controls as a form of indirect intervention to maintain their exchange rates n Place restrictions on the exchange of currency n May change based on market pressures on the currency n Venezuela in mid-1990s illustrates the issues involved in controlling rates via intervention and the affect of market forces
{"Image DocumentName": "Background on Foreign Exchange Markets", "Image ImageDescription": "Exchange rate quotations are available in the financial press and on the Internet with spot exchange rate quotes for immediate delivery. Forward exchange rate is for delivery at some specified future point in time. Forward premium is the percent annualized appreciation of a currency. Forward discount is the percent annualized depreciation of a currency.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}