Which of these is defined as an exchange rate regime where the country's central bank allows its currency price to float freely between an upper and lower bound and may buy and sell large amounts of it in order to provide price support or resistance?

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The described exchange rate regime is known as a managed-floating regime. In this type of regime, the central bank sets boundaries for the exchange rate but allows market forces to determine the actual rate within those boundaries. The central bank may also intervene in the market to influence the exchange rate if it deems it necessary.

Which of These Is Defined as an Exchange Rate Regime