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What is dirty floating

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What is dirty floating

Posted by Jay Aswani 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Alisha Jameson 7 years, 10 months ago

Managed floating (dirty floating) :- It is a mixture of fixed exchange rate system and flexible exchange rate system wherein exchange rate is determined by the market forces of demand and supply. However excessive fluctuation is checked by the central bank. Managed floating is also called dirty floating

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