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What is managed floating rate?

+1 vote

asked Mar 22, 2019 in Class 12 by kratos

What is managed floating rate?

foreign exchange rate
class-12
cbse

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1 Answer

+1 vote

answered Sep 26, 2020 by kratos

Best answer

Managed floating exchange rate is a mixture of a flexible exchange rate (the float part) and a fixed exchange rate( the Managed part).

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