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 _______ ________ ________ ___ ____ ___ ____ ________ _______. ________ ____ __________ _____ ____ _______ _______. _________ _________ ______ ____ ________ _______ _____ ___ ______ ______ _______ _________. ______ ____ ________ _______ _______ _____ _______ ____ ________ __________. _____ ___ ______ _______ _____ _______ _______ __________ ___. _____ _____ ___ ________ ____ __________ _____. _________ __________ ___ __________ ________ ______ ________ _________ __________ __________ __________. ________ _________ ___ _______ ________ ______ _______. IGNOU ACADEMY Your IGNOU journey, made easier.
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