Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, currencies that are predominantly market-driven are considered to be:
A) soft pegs.
B) hard pegs.
C) floating arrangements.
D) a residual agreement.

Question

Quizplus · Accepted Answer

Under the de facto classification methodology, currencies that are predominantly market-driven are considered to have floating arrangements. Therefore, the correct answer is C: floating arrangements.

Since 2009 the IMF's Exchange Rate Regime Classification System Uses