Sat Jan 11 2025
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7 answers
1780
What is flexible exchange rate system?
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.
GyeongjuGlorious
Mon Oct 07 2024
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6 answers
1271
Which countries use floating exchange rates?
Could you elaborate on which countries employ floating exchange rates as their primary mechanism for determining the value of their currencies against other nations' currencies? Are there any notable trends or patterns in the selection of floating exchange rates among different countries, such as their level of economic development or their integration into global financial markets? Additionally, how do these countries manage their currencies' values under a floating exchange rate system, and what are the potential benefits and drawbacks of this approach compared to other exchange rate systems?
