Question

From which year flexible exchange rate system was implemented in the world ? ​

Answer 1

1976

The flexible exchange rate regime was formally ratified in 1976 by IMF members through the Jamaica Agreement. The agreement stipulated that central banks of respective countries could intervene in the exchange markets to guard against unwarranted fluctuations.

Answer 2

Answer:

1976

The flexible exchange rate regime was formally ratified in 1976 by IMF members through the Jamaica Agreement. The agreement stipulated that central banks of respective countries could intervene in the exchange markets to guard against unwarranted fluctuations.