CBSE BOARD XII, asked by piyush832, 1 year ago

explain fixed exchange rate

Answers

Answered by Anonymous

4

when exchange rates are fixed and government intervene to prevent movements in them

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

Answered by saivivek16

1

Hey mate,..

A fixed exchange rate is when a country ties the value of its currency to some other widely-used commodity or currency.

Hope it will help you

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