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Why official reserve account is not maintained in flexible exchange rate system? is it because of the central bank has no role in the flexible exchange rate.?
Most Upvoted Answer
Why official reserve account is not maintained in flexible exchange ra...
You are right. but sometimes official reserve account is maintained in flexible exchange rate system when government tries to influence it . because may be there is high exchange rate
Community Answer
Why official reserve account is not maintained in flexible exchange ra...
I think it is in the case of managed floating system that govt intervene in the market as exchange rate fluctuates over and above the predetermined limit.
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Why official reserve account is not maintained in flexible exchange rate system? is it because of the central bank has no role in the flexible exchange rate.?
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Why official reserve account is not maintained in flexible exchange rate system? is it because of the central bank has no role in the flexible exchange rate.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Why official reserve account is not maintained in flexible exchange rate system? is it because of the central bank has no role in the flexible exchange rate.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why official reserve account is not maintained in flexible exchange rate system? is it because of the central bank has no role in the flexible exchange rate.?.
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