# Foreign exchange markets

> This section explains the foreign exchange market: what it is, the demand for and supply of rand (or foreign currency), equilibrium, and appreciation and depreciation as market movements. It also…

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## Full notes

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## More in The foreign exchange market and the balance of payments accounts

- [Balance of payments accounts](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts/balance-of-payments-accounts) — Previous section
- [Establishment of foreign exchange rates](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts/establishment-of-foreign-exchange-rates) — Next section
- [All The foreign exchange market and the balance of payments accounts sections](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts)

## Frequently asked questions

### What will I learn in "Foreign exchange markets"?

This section covers Foreign exchange markets as part of The foreign exchange market and the balance of payments accounts in Grade 12 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Foreign exchange markets", are written against the official CAPS curriculum and ATP for Grade 12 Economics.

### What should I study after "Foreign exchange markets"?

Continue with the next section in The foreign exchange market and the balance of payments accounts, or test your understanding with the interactive quiz linked to this section.

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