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Exchange rates
Asked 07 Nov 2023 15:14:06
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07 Nov 2023 15:14:06 User posted:
What are "floating" and "fixed" exchange rates?
Replies
Replied 14 Nov 2023 02:16:40
14 Nov 2023 02:16:40 User replied:
“Floating” and “fixed” exchange rates refer to systems by which the value of a country’s currency is determined in relation to other currencies https://www.ruplankurssi.fi/. These systems influence how exchange rates are set and can influence a country's monetary policy.