The current exchange rate system for most currencies is described most accurately as one of

Question

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The current exchange rate system for most currencies is a managed or dirty floating system, where exchange rates are allowed to fluctuate but central banks intervene in the market to influence the value of their currency. This is different from fixed exchange rates, where the value of a currency is pegged to a specific value (such as gold), and freely flexible exchange rates, where exchange rates are determined purely by market forces without any government intervention. The gold standard has not been widely used since the 1930s.

The Current Exchange Rate System for Most Currencies Is Described