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Explain managed floating exchange rate system?
Most Upvoted Answer
Explain managed floating exchange rate system?
A country's decision to allow its currency value to freely change. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is determined by trading in the foreign exchange market.
Community Answer
Explain managed floating exchange rate system?
Managed float regime
is the current international financial environment in which
exchange rates
fluctuate from day to day, but central banks attempt to influence their countries'
exchange rates
by buying and selling currencies to maintain a certain range.
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Explain managed floating exchange rate system?
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Explain managed floating exchange rate system? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Explain managed floating exchange rate system? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain managed floating exchange rate system?.
Explain managed floating exchange rate system? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Explain managed floating exchange rate system? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain managed floating exchange rate system?.
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