Question : Managed floating exchange rate is a hybrid of
Option 1: Fixed exchange rate
Option 2: Flexible exchange rate
Option 3: Both A & B
Option 4: None of the above.
Answer (1)
15th Jan, 2024
Correct Answer:
Both A & B
Solution :
Manage floating exchange rate system is a hybrid of fixed exchange rate and flexible exchange rate system.
Hence options C is correct
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