Question
Floating rate system and Fixed rate system
Answer :
Word Count : 98
| Aspect | Floating Rate System | Fixed Rate System |
|---|---|---|
| Definition | Exchange rate fluctuates according to market forces (supply and demand). | Exchange rate is pegged to another currency or basket of currencies and remains constant. |
| Market Intervention | Minimal or no government/central bank intervention. | Requires active government/central _______ ___ ________ __________ _____ _____ ________ ____ _______. ______ _________ ____ ______ _____ _________. ________ _________ ____ ________ __________ ____ _________ ___ _____. ____ __________ _______ ______ __________ ________ __________ ___. _________ _______ ___ ____ ____ ______ ______ ____. ______ _________ __________ ___ ______ ________ _____ __________ ______ _________ __________. __________ __________ _______ _____ ____. _________ _________ ________ ______ ___. _____ _____. IGNOU ACADEMY Your IGNOU journey, made easier.
Continue Reading — It's Free Sign in with Google to unlock more of this answer. ✓ Free access ✓ Unlock up to 60% of the answer ✓ No payment required Quick Google sign-in. No separate registration form. |