Question

what is exchange rate? how many it's type?​

Answer 1

Answer:

three

An exchange rate regime is closely related to that country's monetary policy. There are three basic types of exchange regimes: floating exchange, fixed exchange, and pegged float exchange. Foreign Exchange Regimes: The above map shows which countries have adopted which exchange rate regime.

Answer 2

Answer:

Exchange rate refers to the price of one currency in relation to other countries in the international money market ( or international exchange rate )

Types :

1) Flexible exchange rate

2) Floating exchange rate

3) Fixed exchange rate