Only two exchange rate regimes can be considered hard pegs.These are:

Name: Only two exchange rate regimes can be considered hard pegs.These are:
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Currency boards and dollarization are the only exchange rate regimes that can be considered hard pegs. The gold standard, while historically a hard peg, is no longer a commonly used exchange rate regime. Flexible exchange rates, in contrast, allow for market-driven adjustments to exchange rates and are not considered hard pegs.

Only Two Exchange Rate Regimes Can Be Considered Hard Pegs