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Questions tagged [flexible exchange rate system]

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KabukiPassion KabukiPassion Thu Aug 08 2024 | 6 answers 1186

What is a flexible exchange rate system?

Could you please explain what a flexible exchange rate system entails? I'm curious to know how it differs from other types of exchange rate systems and how it impacts economies globally. Additionally, I'd like to understand the benefits and drawbacks associated with a flexible exchange rate system and how governments typically manage it. Thank you for your insights.

What is a flexible exchange rate system?

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