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EastWind [94]
3 years ago
5

___________ : when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market.

History
1 answer:
Lena [83]3 years ago
4 0
It would be a "Floating exchange rate" that occurs when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market, since it is thought to "float" along the ebbing and flowing "tides" of the market. 
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