What are flexible exchange rates ? Discuss their advantages and disadvantages.
Answers
Answered by
0
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.
Answered by
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.
Similar questions