Floating exchange rate

{}Posted in2023/2/24 20:23:05 | 6Browse

cashbackforexexness Forex rebate for Exness forexcashrebate system refers to a countrys central bank does not specify the official exchange rate of the national currency forexrebates other currencies, let the exchange rate by the cashback forex exchange market spontaneous dec ForexrebateforExnession when the foreign currency oversupply, foreign currency devaluation, local currency appreciation, foreign exchange rate fell on the contrary, foreign exchange rate rose the national monetary authorities in the foreign exchange market to make appropriate intervention, so that the local currency exchange rate does not fluctuate too much, in order to maintain the stability and development of the national economy Floating exchange rate system is formally adopted and generally implemented, is the late 1970s dollar crisis further intensified after the start of the floating exchange rate system in accordance with whether the state intervention in the foreign exchange market, can be divided into free float (also known as clean float) and management float (also known as dirty float) floating exchange rate system is the main advantage of the prevention of international capital shock, to avoid the outbreak of currency crisis; conducive to promoting the growth of international trade and production The disadvantages are that it often leads to volatility in the foreign exchange market, which is not conducive to long-term international trade and investment; it is not conducive to the stability of financial markets; the IMFs monitoring of the exchange rate is ineffective, and the balance of payments imbalance remains unresolved; it is even more unfavorable to developing countries In fact, today there is no international system with complete free floating, and major developed countries are Different degrees of intervention in the foreign exchange market current management of the floating exchange rate system in a variety of forms, can be divided into separate floating and joint floating, but also the implementation of the pegging policy of the floating exchange rate system exchange rate related knowledge what is the exchange rate what is the exchange rate system fixed exchange rate floating exchange rate fixed exchange rate, floating exchange rate advantages and disadvantages of comparison what is the exchange rate? Foreign exchange floating exchange rate and fixed exchange rate definition and characteristics

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