write a note on fixation of exchange rate?
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A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold.
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A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold.
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@@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@ @@
PLEASE MARK THE ANSWER AS BRAIN LIST ANSWER TO
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Explanation:
A fixed exchange rate, sometimes called a pegged rate.. It is type of exchange rate regime in which currency value is pegged by monetri authority against value of another currency . A basket of another currency or another measure of gold.
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