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Question
______ system allows continuous and regular adjustments in the exchange rate.
Options
Wider bands
Crawling peg
Managed floating
None of the above
MCQ
Fill in the Blanks
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Solution
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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