Answer:
A managed float is the exchange rate policy where the government would intervene to control or manipulate the currency to save it from an economic shock. It may take place in a situation where the value of currency could fluctuate with respect to other currencies. At this point of time a government or central bank took the task to act as a buffer system between fixed exchange rate and flexible exchange rate.
Answer : The characteristics of a non-governmental organizations are;
- Voluntarily formed;
- independent of government;
- They are not for private profit or gain; and
- Their principal is to improve the circumstances and prospects of disadvantaged poor needy people.
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Fr?? This is a real question orrr