A soft peg exchange rate may create additional _______________ as exchange rate markets try to anticipate when and how the gover

Question

zmey [24]

2 years ago

10

A soft peg exchange rate may create additional _______________ as exchange rate markets try to anticipate when and how the gover

nment will intervene.

Business

1 answer:

sattari [20] · Answer 1 · 2023-04-12T04:43:11+03:00

A soft peg exchange rate may create additional volatility as exchange rate markets try to anticipate when and how the government will intervene.

<h3>What is an exchange rate?</h3>

An exchange rate refers to the value of a country's currency in relation to another currency. This entails the rate at which a currency will be exchanged for another.

It is the value of one currency for the purpose of conversion to another.

Learn more about exchange rate here : brainly.com/question/2202418

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