Since the introduction of the Bhutanese currency,the ngultrum,in 1974,it has been fixed by the Bhutan government to the Indian rupee.Therefore,the ngultrum is an example of a ____ currency.

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The Bhutanese currency, the ngultrum, has been fixed by the Bhutan government to the Indian rupee since its introduction in 1974. This makes it an example of a pegged currency. A pegged system is where a country fixes its exchange rate to another currency, in this case, the Indian rupee.

Since the Introduction of the Bhutanese Currency,the Ngultrum,in 1974,it Has