Enrico
Thu Aug 08 2024
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7 answers
1343
Why does a country need a fixed exchange rate?
Could you elaborate on the significance of a country maintaining a fixed exchange rate? How does it benefit the economy and what challenges might arise from adhering to such a policy? Are there specific scenarios where a fixed exchange rate is more advantageous than a floating one?
EthereumLegendGuard
Wed Aug 07 2024
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6 answers
1394
How does a fixed exchange rate affect currency speculators?
Good day, could you please elaborate on how the implementation of a fixed exchange rate system impacts the behavior and strategies of currency speculators? Does it create more opportunities for them to capitalize on market movements, or does it limit their scope for profit-making? Additionally, how does this system influence their risk appetite and the overall dynamics of the foreign exchange market? Thank you for your insights.
GyeongjuGlorious
Wed Aug 07 2024
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6 answers
1395
What is a pegged exchange rate?
Could you please explain what a pegged exchange rate is? I'm curious to understand how it differs from a floating exchange rate and what are the advantages and disadvantages of using a pegged exchange rate system. Additionally, could you provide some examples of countries that have implemented a pegged exchange rate system in the past or present?
