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what is the managed floating exchange rate system?Please show that system's operation and create graphs about...

what is the managed floating exchange rate system?Please show that system's operation and create graphs about that system.

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Answer #1

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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