Economy, asked by hjjjkook4411, 10 months ago

What exchange rate has been discontinued by all leading economies of the worls?

Answers

Answered by itzBrainlyBoy
1

Answer:

A fixed exchange rate is when a country ties the value of its currency to some other widely-used commodity or currency. ... Today, most fixed exchange rates are pegged to the U.S. dollar. Countries also fix their currencies to that of their most frequent trading partners.

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