The floating rate system is characterized by :
| A. | the market forces that determine the exchange rate between two currencies. |
| B. | the central banking authorities of the two countries mutually agree upon the rate. |
| C. | help realigning the par value of major currencies. |
| D. | the rate of exchange mutually agreed upon between IMF and its member nations. |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
