What is fixed exchange rate system?

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Fixed exchange rate is the rate which is officially declared in any other currency by the government or central bank. It is fixed for a particular **. Like 1 $ = 55 Rs.

kratos · Answer 1 · 2021-03-12T05:35:23+0000

Fixed exchange rate is the rate which is officially declared in any other currency by the government or central bank. It is fixed for a particular **. Like 1 $ = 55 Rs.

What is fixed exchange rate system?

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What is fixed exchange rate system?

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