Cryptocurrency Q&A
What is flexible exchange rate system?
What is flexible exchange rate system?
Sat Jan 11 2025
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7 answers
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I'm curious about the flexible exchange rate system. I want to understand what it is, how it works, and how it differs from a fixed exchange rate system.
7 answers
Mon Jan 13 2025
This system promotes international trade and investment by enabling more efficient price discovery.
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Mon Jan 13 2025
Also referred to as the floating exchange rate system, it allows currency values to fluctuate freely.
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Mon Jan 13 2025
Central banks and governments do not intervene in this system.
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Mon Jan 13 2025
The floating exchange rate system is advantageous for several reasons.
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Mon Jan 13 2025
It allows currencies to be valued according to economic fundamentals.
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