Q18. Consider the following statements: 1. In the floating exchange r

1.	Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?
Answer» Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?

Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?

Answer»

Q18. Consider the following statements:

1. In the floating exchange rates, currency values are determined by central bank.

2. Currency depreciation is usually done by a nation’s central bank.

Which of the above statements are correct?

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Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?

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