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Differentiate between the flexible and fixed exchange rate regimes

      

Differentiate between the flexible and fixed exchange rate regimes

  

Answers


Dana
In a flexible exchange rate regime, the exchange rate is determined by the market forces of demand and supply while in a fixed exchange rate regime, the government determines the value of the exchange rate of a country and the central bank maintains it by actively participating in the foreign exchange market

Dana05 answered the question on August 14, 2019 at 07:35


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