CBSE BOARD XII, asked by sukhe961, 10 months ago

define floating exchange rate

Answers

Answered by Anonymous

these rates fluctuate depending on demand and supply of currencies in foreign exchange markets in principle without interference by government

I hope this will help you ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️

Answered by zozo5

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.

Previous Question

Next Question

Similar questions

Math, 5 months ago

Q 19: The coordinate of a point lying on y-axis at a distance of 5 units in thenegative direction are :...

English, 5 months ago

A4. Activities based on Contextual Grammar : *(1) Frame a Wh-question to get the underlined answer : I made tea in the morning. Ans. (2) Pick out the finite verbs from the following sentence and write their tense : It seems he wrote for magazines - a queer way to make a living. Ans.

Computer Science, 5 months ago

Wi-Fi stands for wireless fidelity.

Physics, 10 months ago

Two plates A and B are placed one above the other in the gravitational field and a block of mass m is connected to the upper plate by a spring of spring constant k. Its time period is found to be T. Now the space between the plates is made gravity free and a charge +q is given to the block of mass m and an electric field E is produced in the direction shown. The new time period is...

History, 10 months ago

What were germany's and japan's goals when they expanded? How did they treat the people who lived in occupied regions?

CBSE BOARD XII, 11 months ago

My question is letter of violence of death...

English, 11 months ago

............... you like another cup of coffee? (would /shall/should)...

Biology, 11 months ago

what questions would you ask to know about the cells...