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प्रश्न
In a system of flexible exchange rates, the exchange rate is determined by the forces of ______
पर्याय
Market demand
Market supply
Both Market demand and Market supply
None of these
MCQ
रिकाम्या जागा भरा
उत्तर
Both Market demand and Market supply
Explanation:
The exchange rate in a flexible exchange rate system (also known as floating exchange rates) is determined by market demand and supply.
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Foreign Exchange Market - Determination of the Exchange Rate
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