1. An exchange rate system in which currencies float against one another with governments intervening to stabilize...

Question:

1. An system in which currencies float against one another with governments intervening to stabilize currencies at target rates is called what?
2. What do we call the arrangement whereby a nation lets its currency float within a margin around the value of another more stable currency?
3. A currency board is a monetary regime based on an explicit commitment to exchange domestic currency for what?
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...