Business Studies, asked by sjewellers785, 9 months ago

flexible exchange rate❓❓❓❓❓.........​

Answers

Answered by bharati179
4

Explanation:

A flexible exchange-rate system is a monetary system that allows the exchange rate to be determined by supply and demand.

Answered by mayank52206
1

Answer:

A floating 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.

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