The market forces influencing the exchange rate are not fully operational under
floating exchange rate system
Incorrect Answerspeculative attack on the market
Incorrect Answerfixe exchange rate system
Correct Answer current regulations of IMF
Incorrect AnswerExplanation:
A fixed exchange rate is a regime applied by a government or central bank ties the country's currency official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.
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By: honey kaundal