The condition that occurs in a market when the supply and demand for an asset are balanced and its price tends to stabilize. The equilibrium price observed in the forex market for a currency pair is known as that pair's exchange rate, and this value rarely stays stable for long periods since supply and demand conditions for currencies fluctuate actively.
Browse by Subjects
See All Related Terms »
balance of payments
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):