Economics · Foreign Exchange Rate
Which of the following exchange rate regimes is characterized by central bank interventions to stabilize short-term volatility without a fixed target, sometimes historically termed as an error-prone or unpredictable policy swing?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Floating exchange rate✓
- 2Pegged exchange rate
- 3Gold standard exchange rate
- 4Fixed exchange rate
Correct answer
Floating exchange rate
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