Not wanting to commit to fixed exchange rates, some governments occasionally use foreign currency intervent?
July 30th, 2011
Question by kimbocamp: Not wanting to commit to fixed exchange rates, some governments sometimes use foreign currency intervent?
Not wanting to commit to fixed exchange rates, some governments occasionally use foreign currency intervention to impact the worth of their currencies. This is known as a managed versatile exchange rate method, or managed float, because it combines fixed and versatile exchange rates.
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Answer by SDD
Yes they do. Is there a query in right here?
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Categories: Exchange Rates commit, Currency, Exchange, Fixed, Foreign, governments, intervent, occasionally, Rates, some, wanting
