A floating exchange rate regime is one:
A) which limits exchange rate movements within a band that is set by the major banks.
B) which limits exchange rate movements within a band that is set by the central bank.
C) exchange rate for a currency is allowed to move as factors of supply and demand dictate.
D) which limits exchange rate movements within a band that is set by the major FX traders.
Correct Answer:
Verified
Q10: The value of FX daily transactions in
Q11: Which of the following about global FX
Q12: Foreign exchange market participants who seek out
Q13: The institutions that transact between the foreign
Q14: A large international organisation representing the central
Q16: Financial institutions active in the FX markets
Q17: Currently,the largest FX centre is in:
A) New
Q18: Most foreign exchange transactions are conducted:
A) by
Q19: If the value of a currency moves
Q20: All of the following are primary centres
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