Economy, asked by Kingmanishkumar3082, 10 months ago

How is the foreign exchange rate is determined under the free exchange market

Answers

Answered by BrainlyCatt
3

Answer:

Under this system, there is complete government intervention in the foreign exchange markets. Under this system, the market is allowed to determine the value of exchange rate freely. ... The exchange rate is determined by the forces of demand and supply.

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