What do you understand by flexible exchange rate system?
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hy..
A flexible exchange-rate system is a monetary system that allows the exchange rate to be determined by supply and demand. ... They have different implications for the extent to which national authorities participate in foreign exchange markets.
hope it helps!!
A flexible exchange-rate system is a monetary system that allows the exchange rate to be determined by supply and demand. ... They have different implications for the extent to which national authorities participate in foreign exchange markets.
hope it helps!!
Answered by
1
Answer -
A flexible exchange-rate system is a monetary system that allows the exchange rate to be determined by supply and demand. ... They have different implications for the extent to which national authorities participate in foreign exchange markets.
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