9 With respect to exchange rates, which of the following statements is true? A An official exchange rate is the "market" rate resulting from the supply and demand for a currency. B A floating exchange rate is the "market" rate resulting from the supply and demand for a currency. 1 Point A government cannot set an exchange rate for their currency that is higher (weakens their currency) than the quoted interbank market rate. A government cannot set an exchange rate for their currency that is lower (strengthens their currency) than the quoted interbank market rate