Assume that a fixed exchange rate is overvalued. describe the situation of a speculative crisis against this currency. what can the central bank do to defend the currency? why might the alternative of devaluation be preferable?
Answers
Answered by
0
bank dosent decide the value of money(rupees) in the world market
it depends upon the imports exports and changes by time to time
it depends upon the imports exports and changes by time to time
Similar questions