Economics · Foreign Exchange and Trade
The exchange rate system of the Indian Rupee is currently linked or managed in relation to which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The market price of gold reserves held by the central bank
- 2The Special Drawing Rights (SDR) value alone
- 3The US Dollar exclusively under a strict fixed-peg regime
- 4A basket of selected major international currencies✓
Correct answer
A basket of selected major international currencies
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