If a currency has a fixed exchange rate,it is not subject to the forces of supply and demand.

Name: If a currency has a fixed exchange rate,it is not subject to the forces of supply and demand.
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Quizplus · Accepted Answer

Even with a fixed exchange rate, the currency is still subject to the forces of supply and demand. The central bank or government intervenes to maintain the fixed rate, but market pressures can still exist.

If a Currency Has a Fixed Exchange Rate,it Is Not