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  • A) What Happens To The Demand For Ringgit in The Market in For Foreign-Currency Exchange?

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    MOHD. AIDIL FIKRIE BIN AZMIE -
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    MACRO C11

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    A) What Happens To The Demand For Ringgit in The Market in For Foreign-Currency Exchange?

    Uploaded by

    MOHD. AIDIL FIKRIE BIN AZMIE -

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    a) What happens to the demand for ringgit in the market in for foreign-

    currency exchange?

    In the given real exchange rate, the demand for ringgit in the foreign currency
    market is increasing. That is, the demand for Kelantan Batik in Indonesia has
    increased, which has increased the import rate and the demand rate for ringgit to
    meet the import. As a result, the demand curve for ringgit will shift to the right from
    D1 to D2.

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