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- Countries have different exchange rate regimes. These can be classified as follows:
- Floating (or flexible) exchange rate regime: Exchange rates are determined solely by market forces.
- Fixed (or pegged) exchange rate regimes: A country sets the value of its home currency directly proportional to the value of another currency or commodity123.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.This is a list of countries by their exchange rate regime. De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating (floating and free floating) Soft pegs (conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands)en.wikipedia.org/wiki/List_of_countries_by_exchan…When two or more countries use the same currency under the control of a common monetary authority or tether their currencies' exchange rates by various means, they have entered into a currency regime. The spectrum of arrangements runs more or less from a fixed to a flexible regime.www.investopedia.com/articles/forex/12/a-primer-o…There are two major regime types:
- Floating (or flexible) exchange rate regime exist where exchange rates are determined solely by market forces and often manipulated by open-market operations. ...
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