compare the flexible exchange rate and fixed exchange rate.
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A fixed exchange rate is a ratewhich is maintained and controlled by the central government. A Flexible exchange rate is a rate which is determined by the market force. A fixed exchange rate is controlled by an apex bank or a monetary authority. A flexible exchange rate is controlled by the demand and supply forces.
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4
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a fixed exchanged rate is a rate which is maintained and controlled by the central government.A flexible exchange rate is a rate which is determined by the market force. Afixed exchanged rate is controlled by an apex bank or a monetory authority. Aflexible exchanged rate is controlled by the demand and supply forces.
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