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.
Well depending upon how much money was in the bank and what state the economy is in and the intrest rates it could either help or hurt and possible stay in the middle with no debt or extra money
Answer: I believe it is True. Anyone correct me if I am wrong!
The president cannot be chief justice - this would be a breach of the separation of powers. Chief Justice is a member of the judicial branch of the government; and the president is the head of the executive branch of the government, so they should not be the same person - the answer is d)
