If a country's currency ________ the dollar,its exchange rate is fixed.

Name: If a country's currency ________ the dollar,its exchange rate is fixed.
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Question

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When a country's currency is pegged to the dollar, it means that the exchange rate between the two currencies is fixed at a certain rate. This is done by the country's central bank buying and selling its own currency in foreign exchange markets to keep the exchange rate at the desired level. Therefore, option C is the correct choice.

If a Country's Currency ________ the Dollar,its Exchange Rate Is