connermcdavid97jackb connermcdavid97jackb
  • 10-06-2022
  • Business
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An exchange rate is fixed when it:

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samuelasrade1992 samuelasrade1992
  • 10-06-2022

Answer:

is independent of demand and supply in the market

Explanation:

when the government peg(fix) it at a certain value relative to other hard currencies like US dollar

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