Why does the crawling peg exchange rate regime often not work as planned?
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Why does the crawling peg exchange rate regime often not work as planned?
Exchange RateThe 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...
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Thus in a crawling pegmanaged fix system often the official exchang...View the full answer
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Related Book For 
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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