Question

differences between dollar and rupee my small sister question please tell me no spamming if wrong answer I will report it ​

Answer 1

Answer:

Floating exchange rates, or flexible exchange rates, are determined by market forces without active intervention of central governments. For instance, due to heavy imports, the supply of the rupee may go up and its value fall. In contrast, when exports increase and dollar inflows are high, the rupee strengthens.

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