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Another name for the currency exchange arrangement known as a pegged exchange rate within a horizontal band is a Blank______.Multiple choice question.managed floating arrangementstabilized arrangementconventional fixed-peg arrangementcrawling peg arrangement

Question

Another name for the currency exchange arrangement known as a pegged exchange rate within a horizontal band is a Blank______.Multiple choice question.managed floating arrangementstabilized arrangementconventional fixed-peg arrangementcrawling peg arrangement

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Solution

The correct answer is "managed floating arrangements". This term refers to a type of exchange rate regime where a currency's value is allowed to fluctuate between established levels.

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Exchange RateCurrency pegging refers to:Floating exchange rateFixed exchange rateAppreciating exchange rateDepreciating exchange rate

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