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Walkingstick says - A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Walkingstick says - A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate

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Walkingstick says - A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate Empty Walkingstick says - A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate

Post by RamblerNash Mon Jan 03, 2022 11:33 pm

Walkingstick  

[via Frank26]   A fixed exchange rate controls the nominal exchange rate that is set by the CBI.  Whereas a float is determined by the foreign exchange markets by supply and demand of the Real Effective Exchange Rate that will fluctuate during its float...A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate.
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