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A dirty float refers to a situation in which More than one foreign currency is used as the formal reference for a country's currency A
A dirty float refers to a situation in which
More than one foreign currency is used as the formal reference for a country's currency
A country tries to hold its currency against an important reference currency without a formal pegged rate
Many countries join hands to form a monetary system and an exchange rate
A set of currencies are fixed against each other at some mutually agreed on exchange rate
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