aramirez452 aramirez452
  • 13-11-2019
  • Social Studies
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A managed float is the exchange rate policy where the government

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Аноним Аноним
  • 15-11-2019

Answer:

A managed float is the exchange rate policy where the government would intervene to control or manipulate the currency to save it from an economic shock. It may take place in a situation where the value of currency could fluctuate with respect to other currencies. At this point of time a government or central bank took the task to act as a buffer system between fixed exchange rate and flexible exchange rate.

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