What are the advantages and disadantages currency floating / fixed?
December 27th, 2011
The guy question : What are the advantages and disadantages exchange rate floating / fixed You could in short, the price list of the pros and cons? Exchange both fixed and variable Thank Best Answer: response from
Itchy1977
A floating rate is indepentant, while a rate set can be linked. For example, the UAE dirham is pegged to the dollar. This could be an advantage if the dollar is strong, as it is now, but could also be a disadvantage, such as currency fluctuations is beyond their control. The variable interest rates are volatile, which explains why some countries ankle.
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