Multiple Choice
A situation where a country announces a parity value for its currency and permits small variations around that value, but also adjusts the parity regularly by small amounts according to various indicators, is known as
A) a dirty float.
B) a crawling peg.
C) a managed float strategy of "leaning against the wind."
D) a "wider band."
Correct Answer:
Verified
Correct Answer:
Verified
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