Question
Floating rate system and Fixed rate system
Answer :
Word Count : 122
| Basis of Difference | Floating Rate System | Fixed Rate System |
|---|---|---|
| Meaning | Exchange rates are determined by market forces of demand and supply without government intervention. | Exchange rates are officially set and maintained by the government or central authority. |
| Stability | Exchange rates are ______ ____ _________ ______ ___ ________ _________ ___ ___ _______. _____ __________ _____ _______ __________ ____ _____ __________ ___. _______ _______ ________ ________ ______ __________ ___ ___ __________. ____ _________ _________ _____ _______ _________ _______. ____ _______ _______ _________ _________ _______ ___ ____ ___. _______ ___ ________ _________ ______ ______ ________ ______. __________ ____ ________ _______ _________ ________ ______ __________. ___ _____ ___ _____ ________ _____ ________ ______ _____ ____ ______. ________ ______ _____ __________ ___ _________ ___. _________ ________ __________ ________ _________ ____. _________ ______ ___ __________. 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. |