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In pegged rate system is there any foreign exchange risk? Select one: a. No, because a pegged rate system means the exchange rate is fixed
In pegged rate system is there any foreign exchange risk? Select one: a. No, because a pegged rate system means the exchange rate is fixed O b. No, because under a pegged rate system the future exchange rate is always forecastable O c. Yes, pegged rates can still change O d. Yes, although there is less risk due to volatility, there is additional risk due to having a pegged currency
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