It is better to peg a currency than to let it float in the foreign exchange market.

Name: It is better to peg a currency than to let it float in the foreign exchange market.
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Question

Quizplus · Accepted Answer

Whether it is better to peg a currency or let it float depends on a country's specific economic circumstances, goals, and the state of its economy. Pegging can provide stability, but floating allows for more flexibility in response to economic changes.

It Is Better to Peg a Currency Than to Let