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CBSE Class 12-commerce Answered

What is meant by managed floating system and dirty floating system?
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
answered-by-expert Expert Answer

Managed floating is a system which allows adjustments in exchange rate according to a set of rules and regulations which are officially declared in the foreign exchange market. 

Dirty floating is a concept related to the managed floating system of exchange rate. It is a situation when managed floating is exercised without any set of rules and regulations. Dirty floating occurs when one country manipulates exchange rate against the interest of other country.

Answered by | 19 Apr, 2016, 02:42: PM
CBSE 12-commerce - Macroeconomics
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ANSWERED BY EXPERT ANSWERED BY EXPERT
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ANSWERED BY EXPERT ANSWERED BY EXPERT
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Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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