Economy, asked by venkatshiva4769, 11 months ago

What is liberalised exchange rate management system? Please give an example

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Answered by Anonymous

Answer:

heya mateHere's ur answer.........

The Liberalised Exchange Rate Management System (LERMS) was put in place in March 1992 involving the dual exchange rate system in the interim period. The dual exchange rate system was replaced by a unified exchange rate system in March 1993.

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