Economy, asked by dishuss2358, 1 year ago

What do you understand by flexible exchange rate system?

Answers

Answered by S4MAEL
8
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!!
Answered by Anonymous
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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