Q. When the exchange rate is determined by the market forces of demand and supply, it is known as :

  • (A) Real exchange rate
  • (B) Nominal exchange rate
  • (C) Superfluous exchange rate
  • (D) Floating exchange rate
✅ Correct Answer: (D) Floating exchange rate

Published by Ram Sharma ⭐ 193.88K Points at 04-Jun-2022 08:40 pm in Economic

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