Economy, asked by senmaajayj59231, 1 year ago

Explain the current systems of exchange rate policy

Answers

Answered by choubey
1

Answer:

Explanation:

Exchange rates are determined by demand and supply in a managed float system, but governments intervene as buyers or sellers of currencies in an effort to influence exchange rates. In a fixed exchange rate system, exchange rates among currencies are not allowed to change.


choubey: plz mark as brainlist
Similar questions