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Bas_tet [7]
3 years ago
13

Why is managed floating known as dirty floating?

Social Studies
1 answer:
zhannawk [14.2K]3 years ago
3 0

Explanation:

why managed floating rate is called dirty floating exchange rates ? Due to the reason that government interferes in it and those prices which were to be settled by the demand and supply rule have been intervened by the central bank. Thus it is known as dirty floating rate.

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