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प्रश्न
______ system allows continuous and regular adjustments in the exchange rate.
पर्याय
Wider bands
Crawling peg
Managed floating
None of the above
MCQ
रिकाम्या जागा भरा
उत्तर
The crawling peg system allows continuous and regular adjustments in the exchange rate.
Explanation:
The crawling peg system allows for regular and continual exchange rate modifications. At any given time, just 1% of the variation is allowed.
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Foreign Exchange Market - Determination of the Exchange Rate
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