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‘Managed Floating Exchange Rate is decided by market forces but ******* within a specific range as decided

+2 votes

asked Mar 26, 2019 in Economics by kratos

State whether the given statement is true or false:

‘Managed Floating Exchange Rate is decided by market forces but *** within a specific range as decided by central bank’.

class-12
open economy macroeconomics
cbse

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1 Answer

+1 vote

answered Aug 14, 2020 by kratos

Best answer

This statement is true

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