Lorenzo
Thu Aug 08 2024
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7 answers
1547
What is a managed floating exchange rate?
Could you please explain what a managed floating exchange rate is? I'm interested in understanding how it differs from a free-floating or fixed exchange rate system. How does a central bank or government intervene in this type of system to maintain stability and what are the potential advantages and disadvantages of using a managed floating exchange rate? Thank you in advance for your insights.
