Economy, asked by anuwarshahid, 1 month ago

Briefly discuss the floating exchange

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Answered by Anonymous
1

Answer:

A floating exchange rate is a regime where the currency price of a nation is set by the forex market based on supply and demand relative to other currencies. This is in contrast to a fixed exchange rate, in which the government entirely or predominantly determines the rate

Answered by qutubunnisa976
5

Answer:

A floating exchange rate is a regime where the currency price of a nation is set by the forex market based on supply and demand relative to other currencies. This is in contrast to a fixed exchange rate, in which the government entirely or predominantly determines the rate.

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