A managed float is the exchange rate policy where the government

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13-11-2019
Social Studies

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A managed float is the exchange rate policy where the government

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Аноним Аноним · Answer 1 · 2019-11-15T10:15:16+01:00

Answer:

A managed float is the exchange rate policy where the government would intervene to control or manipulate the currency to save it from an economic shock. It may take place in a situation where the value of currency could fluctuate with respect to other currencies. At this point of time a government or central bank took the task to act as a buffer system between fixed exchange rate and flexible exchange rate.