Economy, asked by angatthapa124, 4 months ago

what is fixible exchange rate?

Answers

Answered by MoonxDust

4

A flexible exchange-rate system is a monetary system that allows the exchange rate to be determined by supply and demand. Every currency area must decide what type of exchange rate arrangement to maintain. Between permanently fixed and completely flexible however, are heterogeneous approaches.

ʜᴏᴘᴇ ɪᴛ ᴡɪʟʟ ʜᴇʟᴘ ʏᴏᴜ.

ᴍᴀʀᴋ ᴀꜱ ʙʀᴀɪɴʟɪꜱᴛ.

Answered by Anonymous

2

A fixbile exchange rate system is a montary system that allows the exchange rate to be determined and demand.

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