A country valuates its currency without attaching it to a reference currency under the pegged exchange rate regime.

Name: A country valuates its currency without attaching it to a reference currency under the pegged exchange rate regime.
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

Under the pegged exchange rate regime, a country attaches its currency to a reference currency. When a country valuates its currency without attaching it to a reference currency, it is referred to as a floating exchange rate system.

A Country Valuates Its Currency Without Attaching It to a Reference