Evidence shows that adopting a pegged exchange rate regime increases inflationary pressures in a country.

Name: Evidence shows that adopting a pegged exchange rate regime increases inflationary pressures in a country.
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Question

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A pegged exchange rate regime can help stabilize a country's currency and control inflation by anchoring it to a more stable currency, reducing exchange rate volatility and inflationary pressures.

Evidence Shows That Adopting a Pegged Exchange Rate Regime Increases