With a floating exchange rate, intervention in the FOREX market is usually known as:
A) violating.
B) fixing.
C) testing.
D) volatility.

Name: With a floating exchange rate, intervention in the FOREX market is usually known as: A) violating. B) fixing. C) testing. D) volatility.
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Question

Quizplus · Accepted Answer

Intervention in the FOREX market with a floating exchange rate is often referred to as "testing" the market, where authorities might intervene to influence the exchange rate without setting a fixed rate.

With a Floating Exchange Rate, Intervention in the FOREX Market