Some countries try to hold the value of their currency within some range against an important reference currency.This is referred to as a:
A)dirty float.
B)free float.
C)pegged float.
D)variable alternative.

Question

Quizplus · Accepted Answer

Some countries,while not adopting a formal pegged rate,try to hold the value of their currency within some range against an important reference currency such as the U.S.dollar,or a "basket" of currencies.This is often referred to as a dirty float.

Some Countries Try to Hold the Value of Their Currency