what is the managed floating exchange rate system?Please show that system's operation and create graphs about that system.
Floating Exchange Rate System :- It is one that is determined by supply and demand on the open market, It is also currency odel. It reflects relative economic strength and interest rate differentials between countries.
It is a type of exchange rate system in which currency’s value is permitted to shift in utilize response to foreign exchange market events. A currency that a floating exchange rate is known as a floating currency.
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