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What is dirty floating?

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What is dirty floating?
  • 2 answers

Kumar Abhinav 7 years, 1 month ago

Dirty floating is the other name of 'Managed floating rate system'. In managed floating rate system, exchange rate is determined by market forces of demand and supply but at the same time central bank is also allowed to intervene.

Abhishek Kumar 7 years, 1 month ago

It means a situation when our domestic currency is heavily depreciating .
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