Economy, asked by malhotramanya17, 10 months ago

what is managed floating exchange rate

Answers

Answered by arenarohith

Answer:

A managed floating exchange rate is a regime that allows an issuing central bank to intervene regularly in FX markets in order to change the direction of the currency's float and shore up its balance of payments in excessively volatile periods. This regime is also known as a “dirty float”.

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Answered by weard50

Answer:

“Managed floating exchange rate”. definition. A managed floating exchange rate is a regime that allows an issuing central bank to intervene regularly in FX markets in order to change the direction of the currency’s float and shore up its balance of payments in excessively volatile periods.

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