Multiple Choice
A floating exchange rate regime is one:
A) which limits exchange rate movements within a band that is set by the major banks.
B) which limits exchange rate movements within a band that is set by the central bank.
C) exchange rate for a currency is allowed to move as factors of supply and demand dictate.
D) which limits exchange rate movements within a band that is set by the major FX traders.
Correct Answer:
Verified
Correct Answer:
Verified
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