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masha68 [24]
3 years ago
9

A managed float is the exchange rate policy where the government

Social Studies
1 answer:
Kazeer [188]3 years ago
5 0

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.

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