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You are the prime minister of a new African nation that is oil rich. Your currency is the Zambia (made up name). Would you choose

You are the prime minister of a new African nation that is oil rich. Your currency is the Zambia (made up name). Would you choose to let your currency float, be pegged or do something else? Provide reasons for doing so.

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As the prime minister of a new African nation that is oilrich and has its own currency the Zambia the choice of how to manage the currency exchange rate is a crucial decision Lets explore the options ... blur-text-image

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