A rich politician/Sponsor or the Emperor
Answer:
A fixed exchange rate is a regime applied by a government or central bank ties the country's currency official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.
Explanation:
In 2018, according to BBC News, Iran set a fixed exchange rate of 42,000 rials to the dollar, after losing 8% against the dollar in a single day. The government decided to remove the discrepancy between the rate traders used—60,000 rials—and the official rate, which at the time was 37,000.
Answer:One of the primary means for the international community to show its aversion to apartheid was to boycott South Africa in a variety of spheres of multinational life. Economic and military sanctions were among these, but cultural and sporting boycotts also found their way in.
Explanation:The apartheid system in South Africa was ended through a series of negotiations between 1990 and 1993 and through unilateral steps by the de Klerk government. ... The negotiations resulted in South Africa's first non-racial election, which was won by the African National Congress.
