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Question : It is a system in which value of countries currency is allowed to change in relation to others, but is controlled by central bank to keep it within a particular range.
 

Option 1: Hedging
 

Option 2: Speculation
 

Option 3: Dirty floating
 

Option 4: None of the above.
 


Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Dirty floating
 


Solution : Dirty floating is a system in which value of countries currency is allowed to change in relation to others, but is controlled by central bank to keep it within a particular range.
Hence Option C is correct.

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