AutumnGray3890 AutumnGray3890

13-01-2021
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Currency markets operate under a system called _____. This means that prices of currencies vary based upon demand and supply of that currency.

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andromache andromache

14-01-2021

Answer:

Floating exchange rate

Explanation:

The floating exchange rate is the rate in which the price of the currency would be determined by the forex market that depend on the supply and the demand as compared with the other types of currencies.

So as per the given situation, the markets of the currency that operates under a system is known as the floating exchange rate

So the same is relevant

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