Question

Fixed exchange rate and floating exchange rate.

12 Feb 2026
Answer :
Word Count : 156
AspectFixed Exchange RateFloating Exchange Rate
DefinitionExchange rate is set and maintained by the government or central bank.Exchange rate is determined by market forces of supply and demand.
StabilityMore stable as the exchange rate is controlled.Less stable, as it fluctuates based on __________ _______ _________ _____ ____ ________ __________ ____.
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