History, asked by himanshiarora74, 1 year ago

Define flexible or floating exchange rate?​

Answers

Answered by sivachidambaramthang
4

Answer:

Explanation:

A floating exchange rate (also called a fluctuating or flexible exchange rate) is a type of exchange rate regime in which a currency's value is allowed to fluctuate in response to foreign exchange market events. A currency that uses a floating exchange rate is known as a floating currency.

Answered by preetygirl97
3

Answer:

please follow me......

Attachments:
Similar questions
English, 1 year ago